Cramming is a common telephone company practice in which services you never agreed to end up on your phone bill Nowadays, phone companies have a lot more to offer consumers than just basic phone services. Some of the phone service add-ons offered to consumers are 3rd party calling, call waiting, call forwarding, directory assistance, conference […]
Sometimes a telemarketing call is nothing but a phone scam
Most telemarketing calls, although highly annoying, are made by legitimate telemarketing companies. Unfortunately, there are many large telemarketing scam rings out there that like to prey on unsuspecting consumers.
In many cases, these telemarketing scams are directed the elderly, who are seen as easy marks. Beware, however, as scammers aren't choosy. They are happy to prey on anybody with money available for their scam. Don't let it be you!
How to recognize and avoid telemarketing scams:
- High-pressure sales tactics are commonly used by scammers. Even scammers will start out nice to try to "make a sale." What separates scammers from legitimate telemarketers is that scammers will resort to abusive tactics.
- Legitimate telemarketers will ask for a sale, but when you say "no," they will back off. After all, they want to call you again sometime
with another product. Thieves will, after you tell them no thanks, result to hard selling, insults, and even vague threats if they
aren't successful at their scam.
- Scammers will require you to "act now" or lose the opportunity forever. Yeah right. If somebody really
wants your business they will be happy to extend the same offer in the future. Rare is the business that has all the customers they want.
- People who ask for your credit card number when you have not agreed to a sale yet are most likely big-time
scammers. There are other ways to verify people's identity. Your credit card and social security numbers should be protected like the
gold at Fort Knox. Know exactly whom you are dealing with before ever divulging this vital information.
- If an offer sounds to good to be true, it probably is. This outstanding advice will never become obsolete.
Crooks will make any kind of promise they can to swindle you. Don't fall for it. Greed is not good. Being greedy makes you more susceptible to fraud.
- Do not, under any circumstances, ever allow somebody to come to your home to pick up money for a telephone
purchase. Not only is this a sure sign of a scam, but it could possible put you in danger.
- Avoid any telemarketer that want to give you something for free but only after you pay an up front fee.
Free is free. Anything else is fraud.
- Any business, telemarketing or otherwise, that cannot provide basic reference information about their
business are likely to be crooks. This basic information includes, but is not limited to; address, phone number, place where they are
licensed, or confirmation that they are registered with a direct marketing regulatory agency, are likely illegitimate.The scammers will offer many excuses for why this information is not available. If the information is not available, then neither
should be your business.
- Beware of any promises of risk-free investments. In my years of learning about investments, I have never
found any that are risk-free. Okay, maybe government bonds are risk-free, but I have never heard of any government agency having
telemarketers on their staff to sell such bonds.It is our belief at Fraud Guides, and we think that most everybody will agree, that any investment that would really be 100% risk-free
would not require telemarketers to sell it. There would be more investors than opportunities for such a venture.
Protect yourself against telemarketing scams by taking a few simple precautions:
- The first thing you may want to do is register with the National Do Not Call Registry
(https://www.donotcall.gov/default.aspx). This works
like a charm for reducing the number of solicitation calls. It is also worth noting that legitimate telemarketers are
registered with a government regulatory agency and must comply with the registry. There are a few who do not. You can
find more information at the National Do Not Call Registry website.
- Don't allow yourself to be pushed into a hurried decision. Keep in mind that if you want
something badly enough, you are likely to seek it out on your own without the prompting of a phone call.
- Don't be afraid to request that additional information be mailed (never dropped off) to you so
that you can do more research. Any resistance at doing this is a red flag. Really good scammers may even have professional
looking information to send, so make sure that you use due diligence when looking over any materials that you might receive.
- Always seek advice from people you trust before entering into any investments or contracts. The
person trying to sell you a product or investment should have no problem with this if they have confidence in the product they are selling.
- Get any promises or great deals in writing. People can say whatever they want on the phone, but
written agreements are binding. This doesn't automatically indemnify you against fraud, but it certainly doesn't hurt either.
- Resist giving financial information over the phone. As hard as it is to believe, credit cards aren't the
only way to pay for purchases. Personal checks still have a place in the world. Do not give out personal financial information
unless you are convinced (and be a very hard sell) that it is absolutely necessary.
- Finally, if somebody is menacing you over the phone, hang up. You may also tell the telemarketer not
to make any more calls to your number. If they persist, document the times of the calls and contact your state's Attorney General.
Attorneys General offices typically handle complaints regarding consumer fraud.
Fake charities use telemarketing methods as well as email to try and bilk you out of your money by pretending to represent a well-known charitible cause. No one likes feeling like a jerk. So when telemarketers claiming to represent charities call asking you for a donation it’s hard to say no. Telemarketers know this and […]
They may not actually use a boiler room but these direct marketing scams bilk people out of millions of dollars every year Boiler Room is a term that describes a business operation set up as a direct marketing company that will usually use telephone to solicit sales. Some boiler room operations are legitimate and sell […]
Don’t get tricked into making a very expensive international phone call to an 809 area code because these calls can cost up to $25 per minute! This is an ingenious but cruel phone scam. It aims to frighten you so badly you make a call to an 809 area code right away without thinking. If […]
Crooks have learned how to use fax machines to their advantage by employing underhanded techniques designed to con people out of their money. Fax machines continue to be a necessary evil in many offices and businesses around the country. Many of us have a love/hate relationship with them. We can’t live with them, we can’t […]