As artificial intelligence and technology continues to propel humanity into uncharted territory, scammers are getting better and better and their methods more sophisticated than ever. So how can you prepare yourself? Well, experts say being aware is the best protection and you’re 80% less likely to be scammed simply by knowing the methods. Veuer’s Tony Spitz has the details.
Category
🗞
NewsTranscript
00:00As artificial intelligence and technology continues to propel humanity into uncharted territory,
00:05scammers are getting better and better, and their methods more sophisticated than ever.
00:09So how can you prepare yourself? Well, experts say being aware is the best protection,
00:14with the FINRA Investor Education Foundation saying,
00:16you're 80% less likely to be scammed simply by knowing the methods.
00:20According to the IRS, one of the top scams in the midst of tax season
00:24involves scammers offering to help you to set up an account on irs.gov.
00:28Using that info, they can steal your tax refund or even apply for financial loans or credit cards.
00:34The Internal Revenue Service warns that you should only ever create an account
00:37on irs.gov directly and never accept help from a third party.
00:41The next involves money orders or fake paychecks sent from a supposed employer.
00:46The scammers want you to take the money and deposit it into your account,
00:49with you then keeping a certain amount and sending the rest back to the employers.
00:53However, the checks aren't real, and once you send the money,
00:56the check eventually bounces, and you're stuck in the negative.
01:00Experts of Business Insider also warn against romance-related scams.
01:04Or when someone slides into your DM seemingly interested in you,
01:07they will then chat with you and gain your trust, before asking for money.
01:11And if that seems like something no one would fall for, well, they do.
01:14Romance scams cost Americans some $1.3 billion in only the last couple of years.