Magazine Subscriptions Scam: How It Works
Magazine subscribers often receive renewal solicitations disguised as bills from crooks. The thing is, you could become a victim of this scam whether you have a subscription for a printed magazine or for an online one.There are two variations of the scam:
Scenario 1. The scammers select a magazine that has, say, an annual subscription of $29.99. It could be any publication: People, Time, Reader's Digest, etc. Then they claim to be the publishers and ask subscribers for a $49.99 annual renewal and get the victim to fill out a form and pay. The crooks then take this money, pay the real magazine themselves ($29.99), and pocket the rest. This works well because the subscribers still receive the magazine.
Scenario 2. Scammers ask consumers to submit a payment to the Associated Publishers Network (APN) – a renewal subscription "business" claiming an address in Las Vegas. Victims receive a renewal notice and write the check. What happens after is they wait for a response but the renewal of their subscription goes nowhere.
When contacting the magazine they are told they have no working relationship with APN. The victims then call the renewal company, which doesn't have a person taking live calls.
If you are wondering how do the scammers find the names of the actual subscribers of any magazine… don't. They just send thousands of messages to people aper day, until they catch someone who is a paid client.
Magazine Subscriptions Scam: How To Avoid
Wait for the renewal notice to come along with the magazine and make sure you check the flyer for the price. Most people just throw it straight in the garbage, since they know they renewed the subscription already. Never take into consideration a solitary request for renewal.
The magazine usually sends a form along with the publication when you only have one or two issues left in the subscription. Examine every magazine subscription very carefully.
Magazine Subscriptions Scam: How To Report
Make your family and friends aware of the Magazine Subscription scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the Federal Trade Commission using the link below:
How to protect yourself more:
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