By Tamia R. Banks, HSM BA, LPN, CMCN, Senior Solutions Broker
Use of the telephone for the sale of a wide range of services or products can be an effective, legitimate marketing tool for any number of businesses. However, the legitimacy of well-known companies has provided an excellent opportunity for criminals.
Criminals use the same techniques as legitimate companies but hide behind the anonymity of the telephone and attempt to defraud thousands and thousands of citizens each year.
Here are some tips to help ensure that you do not fall victim to the tactics of fraudulent telemarketers:
- DO NOT believe that everyone calling with an exciting promotion or investment opportunity is trustworthy, especially if you do not know the caller or their company.
- DO NOT invest or purchase a product or service without carefully checking out the investment, product, service, and the company.
- DO NOT be afraid to request further documentation from the caller so you can verify the validity of the company.
- DO NOT be fooled by the promise of a valuable prize in return for a low-cost purchase.
- DO NOT be pressured to send money to take advantage of a “special offer or deal.”
- DO NOT be hurried into sending money to claim a prize that is available for only a “few hours.”
- DO NOT disclose information about your finances, bank accounts, or credit cards (not even the credit card expiration date).
- DO NOT be afraid to hang-up the phone.
- DO contact your national anti-fraud services if you are contacted by someone who promises you great prizes, but you are required to send money in advance for shipping, handling, taxes, etc.
- DO contact your national anti-fraud services if you are contacted by someone who says that you have won a prize, but you have to purchase a product to qualify.
If you suspect that you have been contacted by a fraudulent telemarketer, contact your local police right away.
If you suspect that you gave your credit card information to a fraudulent telemarketer, contact your credit card company right away and they may be able to stop the payment.
For more information, contact Medical Reimbursement & Management Services, Inc., focusing on the issues of Older Americans: legal, financial, free guidance for residential placement and healthcare issues. Call: 309-693-1060. Website: www.MRMS-INC.COM. Location: 809 W. Detweiller Dr., Peoria, IL 61615. copied with permission from the RCMP, from the website: www.rcmp-grc.gc.ca/scams-fraudes/tf-ft-eng.htm