Sometimes we’re not as Street Wise as we Think we are
I’m sure you’ve heard that a fool and their money can be easily parted. However with the ever increasing sophistication of scams these days, it’s not just the fools that are now being duped. Read on and we’ll give you a few tips on how you can spot a scam in this digital day and age.
Everyday Australians lost over a staggering $250,000 every day last year to scammers adding up to over a huge $91 million.
Keeping that in mind, there’s no better time than now to check out a number of the modern-day ripoffs that happen to be separating honest Australians from their hard earned dinero.
Mortgage Loan Scams
There is absolutely no lack of con artists out there in the market offering up bogus lending products, particularly in Australia where there are a lot of people simply itching to jump into the real estate market.
In recent times con artists have now got this right down to a perfected art – victims who get stung are furnished with genuine looking but fake home loan legal agreements complete wsith Australian credit license numbers that actually belong to other unrelated businesses.
Some of these con-artists try to pretend they’re actually here in Australia by using re-routed telephone numbers.
Then they tell the mark they have to fork out for insurance and/or fees or even both to as much as $5,400 in advance directly into an Australian bank-account.
But the truth is, authentic loan providers who’re legitimately sanctioned according to Australian credit laws will broadly speaking never ask that any costs be paid out in advance simply because up-front costs are typically capitalised into the home loan and amortised to be repaid over time.
Consequently, should you ever get a telephone call or e-mail along these lines, you really should take it with an especially enormous grain of salt.
Better still, get us to check it out. We’ll quickly be able to determine if it’s a genuine home loan agreement or not.
Remote Internet Access Scams
This will involve fraudsters attempting to persuade you that you’ve got a personal computer or on-line issues and you will have to purchase brand-new software applications to correct the issue.
The con will in most cases contact you and try to pretend that they are an employee of Telstra, or the NBN network or possibly even Microsoft. The rip-off merchant is invariably incredibly persistent and may even grow to be abusive.
In the event you experience one of these phone calls just hang up the phone. Organisations like Telstra as well as the NBN never ask for charge card specifics on the telephone in order to repair computer system or phone problems.
Personal Identity Theft
Identification scammers are looking for whatever that features your own personal information and facts. And not only just through tech-savvy computr hacking. One of the more common avenues to id theft is postal mail theft.
Listed below are five uncomplicated ways for you to avoid identity theft:
1. First never take the bait.
Rip-off artists ‘phish’ for dupes by pretending that they are respectable organizations and businesses or government departments. Never ever give away information that is personal in the event you didn’t initiate the contact.
2. Act mysterious.
Don’t overshare sensitive personal information on social network sites.
3. Avoid making use of simple security passwords.
Make use of a mixture of letters, numbers, and symbols.
4. Shop on-line with a great deal of caution.
Analyse and check out any internet site prior to typing in all your charge card and other personal private information.
5. Look closely at your transaction statements.
If monthly bills stop showing up in the postal mail, phone your banker – a thieve could have altered your contact details to hide their tracks.
Threats to Your Life, Criminal Arrest or Other Hazards
Threats on your life, threats to arrest you or various other ultimatums typically can involve the fraudster insisting you cough up cash that you allegedly owe, and intimidating you with dire threats should you not comply.
According to Scamwatch there’s been quite a spike in recent times with the scammers getting away with serious amounts of loot.
Should some low life try to target you with this rip-off scheme, the government’s Scamwatch web-site advocates that you don’t answer to any texts or e-mails. The con artists are only going elevate their bullying tactics and efforts to get your cash if you do.
If you ever receive on of these calls from one of these rat bag’s trying to intimidate you and and saying you have to shell out a fee, simply just hang up the phone and never take the bait by responding in anyway.
And naturally, if you’re anxious about your safety in anyway, immediately call the cops.
Con artists will frequently try to employ emotional tactics to get you to part with your dollars. Some might offer up a reward or offer some kind of help that will make you feel obligated in some way to encourage you to give back the favour.
Furthermore, they are aware that a lot of people find it difficult to say no to family and friends, so they’ll attempt to develop a solid rapport with you.
If you ever start to suspect that you are being swindled, do not hesitate for a moment to get in contact with us. We will be very happy to check out the circumstances so that you can safeguard your assets.