Key Takeaways:
- 1. Overpayment scams are increasing, leaving victims thousands of dollars in debt.
- 2. Common scams include overpayments for services like dog sitting, online marketplace transactions, mystery shopping, rental deposits, and work-from-home setups.
- 3. To protect against overpayment scams, pause before acting, verify funds with your bank, avoid rushing into decisions, use secure payment systems, keep records of communication, use personal data removal services, enable fraud alerts with your bank, and report scams promptly.
Overpayment scams are on the rise, targeting individuals through various schemes like fake dog sitting gigs, online marketplace transactions, mystery shopping offers, rental deposit requests, and work-from-home job setups. To safeguard against these scams, individuals should take precautionary steps such as pausing before acting, verifying funds with their bank, avoiding rushed decisions, using secure payment methods, maintaining communication records, utilizing personal data removal services, enabling fraud alerts, and promptly reporting scams to relevant authorities.
Insight: Scammers exploit trust and urgency in overpayment scams across different scenarios, emphasizing the importance of being cautious when asked to deposit more than expected and forward the excess amount to prevent falling victim to these fraudulent schemes.
This article was curated by memoment.jp from the feed source: Fox Scitech.
Read the full article here: https://www.foxnews.com/tech/top-5-overpayment-scams-avoid
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