Tip of the Week: Looks Too Good To Be True

Every day, American consumers receive offers that just sound too good to be true. In the past, these offers came through the mail or by telephone. Now the con artists and swindlers have found a new avenue to pitch their frauds — the Internet. The on-line scams know no national borders or boundaries; they respect no investigative jurisdictions. But, as with all scammers, they have one objective — to separate you from your money!

An interesting point about fraud is that it is a crime in which you decide on whether to participate. Hanging up the phone or not responding to shady mailings or emails makes it difficult for the scammer to commit fraud. But con artists are very persuasive, using all types of excuses, explanations, and offers to lead you — and your money — away from common sense.

A website was developed to arm you with information so you don’t fall victim to these Internet scam artists. Education, good judgment, and a healthy dose of skepticism are the best defenses against becoming a victim. Remember, if it looks too good to be true, it probably is!

Check out www.LooksTooGoodToBeTrue.com and familiarize yourself with the different forms of financial fraud, identity theft, online advertising fraud, pharmacy fraud, software piracy and sweepstakes/lottery fraud.

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