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Super Social Butterfly
Posts: 562
Registered: ‎07-23-2010

Re: Watch Out for Prize Scams

Message 1 of 2 (609 Views)

The three most attention getting words are prize, free, and sex!

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Community Manager
Posts: 1,081
Registered: ‎10-11-2007

Watch Out for Prize Scams

Message 2 of 2 (1,601 Views)

There are plenty of reputable contests and sweepstakes out there (including some from AARP). But there are also a lot of bad players looking to bilk you out of your money.

 

How it Works... You’re told you’ve won a prize but:

  • You have to pay a fee to collect your winnings;
  • You have to wire money to a well-known company to insure delivery of the prize;
  • You have to deposit a check they have sent you;
  • Your notice was mailed by bulk rate; or
  • You have to attend a sales meeting to win.

What You Should Know...

You can’t win a contest you didn’t enter. Don’t believe claims that you were automatically entered.

 

What You Should Do...

  • Be vigilant. The Federal Trade Commission recommends looking up a contest or promoter in a search engine with the words “scam” or “complaint”.
  • Warn others. If you think you’ve been targeted by a prize scam, report it at www.ftc.gov/complaint and share on the Fraud Watch Network scam-tracking map.