Tuesday, November 19, 2019

Sweepstakes and Lottery Scams

This is an old trick but it is still being used. The victim is told they have won a sweepstakes or lottery, but they must make a payment to get their winnings.  Often, seniors who fall for this trick are sent a check that initially appears to have great value. A few days later, the check bounces. During this time, the criminals will quickly collect money for supposed fees or taxes on the prize, but they take the money for themselves.

How to Avoid:  Be wary, again, of what seems to be too good to be true. Remember that if you have won a sweepstakes, you shouldn’t be asked to pay mysterious and suspicious fees within a day or two of the award.  If it sounds too good to be true, it is!