Avoid Money Scams

Excellent advice on how to avoid being scammed out of your money.

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Oct 22 2008

What To Do If You Have Been Scammed

Published by ktolman at 2:00 am under Business, Tips Edit This

If you are the unfortunate victim of a scam, you definitely have my condolences.  Being cheated is a horrible experience for anyone to go through.  Unfortunately words don’t mean much when you have lost your money, credit, and possibly the trust of loved ones.

Call the business that is scamming you.  I’m sure you are already past this step, but if you haven’t done it already, call them.  Ask for a specific person, and when you call back, ask for that specific person again.  Write down the names of everyone you talk to, and find out from them what their job function is.  Many times businesses are simply unorganized, and you could end up talking to someone who has no idea how to close out your account so you keep getting billed.  If you can find the right person this may help.

Call the Better Business Bureau.  They can help advocate for you in a lot of cases.  Although they do not have legal authority to fine or bring judgment against a business, they do apply pressure for businesses to make things right.  For most infomercial scams or billing scams, where the business simply keeps billing you for a product you don’t want this will usually put a stop to it.  They will also be able to direct you to people who can help you further.

Search the internet for your specific scam, business or fraudulent deal.  Odds are good that you are not the first person to be scammed.  Many times you can find others who have dealt with the same problem and they will be able to give you specific advice.  One great resource you can check out is Fraudaid.com .   They have several guides on what to do.

Finally, get an attorney.  If you have lost several hundred or even thousands of dollars, get a professional on your side.  Some scams and frauds can actually get you into legal trouble.  If you suspect that you are involved in a shady deal and you want to get out before its too late, consult with a fraud attorney.  They will be able to give you specific advice for your case.

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