Monday 9 May 2016

Common SMS Scams You Should Avoid

Are you a fervent mobile phone enthusiast, using SMS to keep in contact with friends and family? Be careful - scammers love texting too. You have to be watchful with texts, especially if you are not sure who sent them. They could be scams intended to steal your money or your information. Here are five common text traps you should look out for:
1. Buyer and Sellers ‘Beware’: A business transaction with a total stranger is always risky. This is especially true if a party wants to conduct all business over text, please insist on talking over the phone. If you will be meeting in person, insist on cash (and have a friend with you). If possible meet outside of a local police station.
2. The Bank Hoax
Your bank allegedly texts you with a problem that desperately needs to be solved. You will lose all of your money if you do not immediately call the provided 800 number or click the link in the text. Then you have to provide all of your account information. Your account will be fixed alright, but not to your benefit. Contact your bank, but not via the means in the text.
3. The Dumb Samaritan: I am all for giving money to those in need, but only if the money actually goes to the needy. If you get a text asking for help on behalf of others, delete it—even if it appears to come from a legitimate charity. Then go to that legitimate charity’s website and make your donation there.
4. Free Money: Everyone dreams about acquiring a fortune, and scammers can easily use those dreams against you. If a stranger’s text offers you wealth as soon as you pay a small fee or give them your bank number, just tap delete.

5. Fantasising the Naive: If you are looking for love on dating sites, be careful of whoever seems interested. When you are feeling lonely, a skilled con artist can expertly play on your emotions, convincing you to help them financially, or giving them personal information they could turn into profits.

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