How to Recognize a Money Scam

Scams are running rampant these days, whether you're job hunting, trying to buy something on craiglist, trying to earn/save/invest money, or just about anything you can do online. Unfortunately, many people fall victim to scams, especially if they are desperate and/or in need of major financial help. It's important to be aware of indicators of a scam, and always do your research, be overly cautious, and never send anybody your money or personal information.
Don't Be a Victim to Money Scams
While the website at the end of this video no longer seems to be active, I think the video pretty much sums up money scams.  When looking for this kind of information online, there was a ridiculous amount and it was overwhelming.  I'm sharing this because of someone close to me that I think it's relevant to, and I think we should all be aware so we are able to protect ourselves and help our loved ones protect themselves.
  1. If it sounds to good to be true, it usually is.
  2. Never send money to businesses or people you do not know, especially if they are not local.
  3. Scammers typically promise money, but only after they receive some from you.  Your money is stolen and you never receive the product/money you were promised.
  4. You should never share personal information with people/businesses that you are not absolutely sure are trustworthy.  This includes credit/debit card information, bank account information, birth date, social security number, etc.  Identity theft is real!  It can ruin your life.
This all seems so simple, but when you or someone you know is desperate, it's easy for them to be blinded by the hope that these people falsely present!  Be aware.  Be safe!

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