These are some of the most common scams and frauds involving credit cards in 2022. 1. Identity Theft Identity theft is a type of fraud in which criminals pretend to be you. They borrow your personal information — such as your name and address, credit card information, bank information, Soc...
Scammers promote fake investment opportunities, often involving cryptocurrency, forex trading, or real estate. They promise high returns with little risk, convincing users to deposit money into fraudulent accounts. Once the funds are transferred, the scammer disappears. 4. Romance Scams Scammers create...
A company tells you it has special relationships with credit card issuers, and for a fee it can help you get a lowerinterest rateon your cards. It might be able to help but, according to theFederal Trade Commission (FTC), you have the same chance of success if you talk to the lender...
Avast Oneimmediately alerts you if any leaks involving your personal information are found online. Then, Avast will help you strengthen your online accounts to prevent scammers from finding you again. Plus, Avast One features a built-in Privacy Advisor to help you manage who can view your socia...
(Image credit: Getty Images) Gift Card Scams Thinking about getting those hard-to-shop-for grandkids gift cards for the holidays? Think twice before you do.Fraud.org, a website operated by the National Consumers League, reports a spike in fraud involving gift cards. ...
How it works: Scams involving cryptocurrencies are manifold but generally take one of two tacks: Fake crypto investments: The most common approach is investment-related scams, which in 2023 alone accounted for nearly $4 billion in losses.2In one version, aperson you've met over a dating app ...
Defi Scams Decentralized finance is soaring in popularity andcryptocurrenciesare a major reason behind the trend. The scams can take different forms but have a similar pattern and motivation involving the promise of fake prizes, giveaways, and dubious contests. Therefore, people should be cautious be...
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IRS warns taxpayers of new filing season scams involving Form W-2 wages. 2.Internal Revenue Service. Dirty Dozen tax scams for 2025: IRS warns taxpayers to watch out for dangerous threats. Accessed Mar 6, 2025. 2.Internal Revenue Service. Dirty Dozen tax scams for 2025: IRS warns taxpayers...
At least once a month, you'll see a story in the news involving various credit scams and their victims. If it happens to you, repairing the damage can be time-consuming and inconvenient. Credit scams disproportionately target people with low income, minority groups, and older adults. Learning...