(Last Updated On: April 26, 2021)

ScamScam A Scam is a confidence trick - a crime -  is an attempt to defraud a person or group after first gaining their trust through deception. Scams or confidence tricks exploit victims using their credulity, naïveté, compassion, vanity, irresponsibility, or greed and exploiting that. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ... intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators ('con men' - criminals) at the expense of their victims (the 'marks')". A scam is a crime even if no money was lost. FAQ: How To Spot A Scam

How Can I Tell If Something Might Be A Scam?

It’S Probably A Scam If Someone:

  • Makes an offer that sounds too good to be true;
  • Promises that you can win money, make money, or borrow money easily;
  • Asks for money to enter a contest, win a sweepstake or lottery, or claim a prize;
  • Refuses to send you written information before you agree to buy or donate;
  • Refuses to give you a physical address;
  • Refuses to give you the details of the offer before you make any payment;
  • Requests your bank account or credit card number when you are not making a purchase with that account;
  • Uses scare tactics or pressure to act immediately;
  • Insists that you wire money or have a courier pick up your payment;
  • Refuses to stop calling after you’ve asked not to be called again;
  • Contacts you to ask for personal information the company already has.
  • Gives you a check or money order and asks you to send some of the money somewhere.