Double Dip / Recovery

Welcome back to Fraud Friday! Today, we are talking about Double Dip or Recovery Scams. They’re the worst of the worst: scams that target people who have already lost money to a scam. If you’ve been scammed, you may be targeted by a refund or recovery scam. In these scams, someone says they can help get your money back or recover the prize or item you never got, but you need to pay them first. If you do, you’ll lose more money.

How To Recognize Refund and Recovery Scams

Scammers contact you and ask for an upfront fee. No matter how someone contacts you — by mail, online, telephone, or text message — it’s never a good idea to pay upfront, especially when someone contacts you out of the blue. Telemarketers selling recovery services can’t ask for or accept payment until seven business days after they deliver the item recovered, to you, because it’s against the law.

Scammers say they’re from a government agency, nonprofit group, or some other organization, and need payment or your personal information. Government agencies and legitimate organizations won’t ask for money to help you get a refund. They will never ask for your financial account numbers or other personal information and will not guarantee that you’ll get your money back. Anyone who does any of these things is a scammer.

https://consumer.ftc.gov/.../what-do-if-you-were-scammed...

Come back next week for another type of scam!