Financial Scams

Financial scams have been a danger since finance first emerged as an economic activity. To this day, the prospect of easy money using deception, fraud, or any illicit means attracts criminals who think they can get away with it. 

Investment scams have been a common type for ages. People are lured by the promise of easy returns, only to lose everything. Some are local and relatively small; others are enormous and even international in scale, such as the Bernie Madoff case. 

Banking scams are also a danger, having been around in some form or another since the first banks came into existence. 


Financial Scams: List Below

Financial scams are a broad class of crime, but learning about them as they emerge can be invaluable. Keeping your eye on those that emerge can help you recognize the warning signs of a financial scam that’s trying to lure you or others in.

August 12, 2020

Payment Protection Plan

How the scam works: Scammers call around claiming to have a reimbursement check from the Payment Protection Plan (PPP is […]
August 12, 2020

Receipts Sent by E-mail

Emailed Receipts Scam: How It Works What's your favorite store you shop at? Be careful about the latest scam […]
August 12, 2020

Scholarship Applications

Scholarship Applications For College Students And High School Seniors: Beware of Scams It is the time of the year […]
August 12, 2020

Scholarship Winning

How the scam works: You receive an e-mail saying you have won a $3,000 scholarship (or any other sum). After all […]
August 12, 2020

Thank You Message

How the scam works: This scam is targeted at naive people who might think they hit the jackpot. Hopefully you […]
August 12, 2020

Tax Refund Scam

Tax Refund Scam: How It Scam Works Online tax filing and its scams – it's happening again. This year, […]
August 12, 2020

File Taxes Early Reward

How Early Can You File Your Taxes? Beware of Fake Benefits There are a plethora of tax-related scams to […]
August 12, 2020

Tax Return Error

How the scam works: You receive an email from the tax authority in your country (IRS in US, CRA in Canada, […]
August 12, 2020

Tax-Settlement Companies

How the scam works: During the economic crisis, tons of tax-settlement so-called “agents” have developed great businesses relying on people’s […]
August 12, 2020

Trunk Box Recovery

Did Someone From Afganistan or Syria Just Sent You an Email in Regards to Getting Money Out of The […]
August 12, 2020

Ukash Vouchers

How the scam works: (with explanatory videos below) Ukash vouchers are very useful and convenient legitimate cards that people in […]
August 12, 2020

Bank Survey Rewards

How the scam works: You receive an email from what appears to be your bank saying the following: “As a […]
August 12, 2020

Broker Training

How the scam works: You're approached by a company that offers training to people interested in becoming mortgage brokers. They […]
August 12, 2020

Buying Shares

How the scam works: Scammers send millions of e-mails at once, offering a very hot tip in the stock market. […]
August 12, 2020

Check in the Mail

Fake Check Scams: How They Work (with video below) The Fake Check Scam occurs this way: the scammer asks for […]
August 12, 2020

Click on Your Ads

How the scam works: If you have a business, you have probably considered at some point using programs like Google […]
August 12, 2020

Conference Invitation

Event Invitation Scam: How It Works This tricky scam comes as a very tempting invitation for regular people with great […]
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