Rob here with Patriot Privacy and the Self-Reliance Institute.
The other day I warned you about the Court Notice Scam.
I was blown away by how many emails I received thanking me for the warning.
Several folks even wrote me and said they received Court Notice Scam emails in the days immediately before my warning. And one individual told me they received a scam email moments after they read my warning.
I can’t tell you how good it makes me feel when I know that our community is staying safe because of the information we share with one another.
So let’s do it again!
But before we do, let me quickly ask you to check out an article I came across that I think you should see. The article is headlined “Federal Reserve: Aging Baby Boomers Will Crush Stock Prices By 50%” and I think it’s a must-read. I shared it with my friends and you may want to share it with your friends and family. Plus, once you’ve read it, you can send me comments by emailing me at[email protected]
OK. Back to the next scam I want to warn you about.
I want you to beware of the Debt Collector Scam. This scam is so popular with crooks right now that several state attorney generals are putting out warnings.
For example, here’s how the State of Colorado is warning residents in a message that is applicable no matter where you live.
“The Colorado Attorney General’s Office is warning people to beware of a debt collection scam in which people pose as law enforcement officials or government agencies. Consumer complaints to the Attorney General reveal a sharp increase in Coloradans receiving threatening phone calls and emails from this particular fraudulent debt collector scam. By using personally identifiable information, including Social Security Numbers, the caller attempts to collect on alleged payday loan debt. Complaints about this scam have increased by 1350% between 2013 and 2014.
“Fictitious payday lender names being invoked include ACS Inc., ACS Legal Group, Ace Cash Services, Ace Cash Advance, Advance Cash Service and American Cash Advance. The familiarity of these names, along with strong-arm language like “you are in violation of federal banking regulations,” and use of official sounding agencies such as “United States of attorney” and “state investigation department,” are the most common elements found in the complaints.
“’These scam artists pretend to be from companies with familiar-sounding names and use high-pressure demands to get people to pay using prepaid money cards,’ explained Colorado Attorney General John Suthers. ‘The caller threatens to report you to the FBI, FTC and even to your employer if you don’t immediately pay up, however, law enforcement and government agencies do not threaten to arrest or prosecute people for their unpaid debt and do not send arrest warrants via email,’ warned Colorado Attorney General John Suthers.
Notice how some the tactics used in the Debt Collector Scam are similar to those we discussed the other day in the Court Notice Scam. And always remember, “law enforcement and government agencies do not threaten to arrest or prosecute people for their unpaid debt and do not send arrest warrants via email.”
Here are a few warning signs the Colorado Attorney General’s office lists for spotting the Debt Collector Scam:
And here are a few suggestions for combatting this type of fraud and/or dealing with legitimate debt collectors.
OK. Remember, I’m using the information from Colorado as an example and because it’s on point.
This scam is taking place all across the country.
Also, this variation of the scam references payday loans. There are other variations that use other types of debt as the underlying reason for the scam.
As I said the other day, it’s looking like 2015 will be the Year of the Scam. So I’m going to keep you warned about what I’m seeing when it comes to the most prevalent scams.
It might be worth keeping a file of these warnings as I send them to you.
And right now I want you to remember to never agree to pay anyone who demands money over the phone. I don’t care how official or convincing they sound.
No legitimate government or law enforcement agency demands immediate payment by phone or email.
And remember, you can always email me at [email protected]
Be safe, secure and free!
Rob Douglas – Former Washington DC Private Detective and Certified Identity Theft Risk Management Specialist
PS – Don’t forget to check out “Federal Reserve: Aging Baby Boomers Will Crush Stock Prices By 50%” and let me know what you think!
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