Here’s a story from Joseph A. Zarlengo, Partner at Lawrence Kamin, about a savvy scammer who tried to trick him.
“I was just involved in a potential scam. I received a telephone call from somebody saying they were with Comcast and they had a promotional offer for me. Essentially the offer was they would reduce my monthly payment in half if I pre-pay six months of the reduced payment with a Target gift card. They said it was a promotion sponsored by Target to get people to use their gift cards. Sounded fishy throughout, but the odd thing was they knew the last four digits of my account number and also knew our last monthly payment. They also said I could only pay today before 9 or Monday because their business offices are closed on Sundays. He then gave me an 800 number to their alleged billing department. I said fine and that I would follow up on Monday. I then Googled whether or not Comcast had a promotion with Target. It is a definite scam, and multiple parties indicated. I also called Comcast, and they verified that they have no promotion at Target. The bottom line is when anybody wants to be prepaid or receive payment with gift cards, it is 99.99% of the time going to be a scam.”
Tips from the Consumer Financial Protection Bureau
Several signs indicate you might be dealing with a scammer.
They include contact from someone:
DO YOUR RESEARCH FIRST BEFORE ACTING.
Lawrence Kamin is here to help, advise, and protect you and your business from scams. Here are some more of our examples:
Call Lawrence Kamin to review your cyber insurance documents to protect yourself.