Federal Trade Commission  – 10 Tips for Being a Canny Consumer

The FTC urges consumers to consult Putting a Lid on International Scams: 10 Tips for Being a Canny Consumer, at the FTC’s Web page www.ftc.gov

These tips include:

  1. Keep in mind that wiring money is like sending cash; the sender has no protection against loss.
  2. Don’t send money to someone you don’t know
  3. Don’t respond to messages that ask for your personal or financial information, whether the message comes as an e-mail, a phone call, a text message, or an ad
  4. Don’t play a foreign lottery
  5. Don’t agree to deposit a check from someone you don’t know and then wire money back, no matter how convincing the story
  6. Read your bills and monthly statements regularly – on paper and online
  7. In the wake of a natural disaster or another crisis, give to established charities rather than one that seems to have sprung up overnight
  8. Talk to your doctor before buying health products or signing up for medical treatments
  9. Remember there’s no such thing as a sure thing
  10. Know where an offer comes from and who you are dealing with

We also suggest you sign up for our Fraud Prevention e-LERT. Our Fraud Prevention e-LERT will immediately advise you when we have added a new article or warning to the ‘Fraud Alert' section of our website. 

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