A scam, is a scam, is a scam

Many scams are on the rise as the economy is taking a downfall.

I had once worked for an organization that kept a database for certain types of companies. My job was to call these companies and simply update the information that was in our database. It was pretty non-invasive and we never asked for any information that a typical customer would want to know, but many of the people I contacted who were not familiar our organization were wary of giving out information.

I have had my personal information used fraudulently in the past, so I could certainly understand their concern. With our growing anxiety for our limited funds, many of us are in fact becoming victims of scams and identity theft. This is something to worry about especially if you are receiving a structured settlement, or annuity payments.

What you can do:
If you do give out your credit card or checking number call your bank immediately. Many times, they will not process the payment.

Since it is our desperation that many of these companies look for, take ten minutes before responding to a really great sounding opportunity. Taking the time to stop and think can save hundreds of dollars.

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