There are a number of scams and frauds that may rob you of your money. Therefore, reporting scams in time, to the appropriate authorities or agencies is extremely essential. Your monetary loss may be minimal or at least, you or others will be prevented from falling victims to a scam or fraud. One of the ways of reporting scams relates to unexpected sales calls, which can be dealt with in the following manner.
Before reporting scams related to alluring sales offers, you must look into the following factors to better understand the issue.
Identify the Seller and Reason:
Usually, the telemarketers communicate to you the name of the seller and what they are offering for sale. If you find this offer quite unexpected and at the same time, too alluring, without giving a second thought, say “No Thanks’ and disconnect the phone
What’s the Hurry About?
According to Big Scammers, a genuine and legitimate telemarketer will give you time and also written information about its offer, before it asks for a ‘Buying Commitment’ from you. But if you mark a tone of urgency or pressure, you must smell a rat and must resort to reporting scams.
If Free, Why Pay Money?
The scammers may offer you some goods or prizes, free of cost, but they may ask you to make an advance payment towards administrative fees or for other reasons, never make any payment.
Why Asking for Personal Information?
While making the sell offer, the scammers may ask for your personal information like back account or credit card number or even the pass word. It is a warning bell for reporting scams.
Mark the Time of Calling
As per law, the telemarketers can call between 8 AM and 9 PM. Any time, earlier or later to this duration must create suspicion. Better to avoid, attending to such calls
Signs of Phone Scams
Before reporting scams related to phone calls, know a few of their signs. Their calls will be made alluring with the following approaches
- You are specially selected for this offer
- You will be eligible to get the free bonus, if you buy their products
- You are the winner of a high-valued prize or lottery
- You’re lucky to win a huge amount in a foreign country
- The offered investment will give a proportionately higher return with the minimum initial investment
- You will be asked to take an immediate decision for buying
- You do not have to check the credibility of their company, from any other source.
Exaggeration, the Root Cause of Customers’ Attraction
Scammers bait the customers by exaggeration of products, prizes or services and getting money in advance such as the below
- Travel Packages; Free or Low cost
- Credit card protection, Advance fee Loans at considerably, lower rate of interest
- Investment opportunities, for high return at low investment
- Charitable Causes, for recent disaster relief efforts
- Foreign Lotteries with High stake that are against the law.
- Free Trial Offers
