Bay Port State Bank

3 weeks ago

Consumer Protection Data Spotlight -
At this time of year, we often warn our communities about possible fraud or scams in our area. One thing we are learning from various reports is how scammers want to be paid. People are telling us that they're increasingly being told to purchase and pay with gift cards, then giving someone the PIN number off the back of a gift card. They are often asking for certain brands of gifts cards - such as iTunes and Google Play cards. The FTC has reported that fraud using these methods has exceed $40 million.

Gift cards and reload cards are now the number one method of payment for imposter scams. These scammers pose as well-known businesses, family members, friends, or government agencies. They deploy various tactics to compel people to pay. They may pretend to be the IRS, a court judge/government entity or utility companies, etc. The IRS states that it WILL NOT call and request money or information. If you receive these calls, you can report them. Consumers can go to the FTC at FTC.gov/complaint or learn more at FTC.gov/giftcards. ... See MoreSee Less

- FTC Complaint Assistant

ftccomplaintassistant.gov

Complaints from consumers help us detect patterns of fraud and abuse. The FTC would like to know about your complaint and the Complaint Assistant will help guide you.