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Tuesday, August 18, 2020

Stay 6’ Away from Scammers as the Country Reopens

With states continuing to work toward reopening, as usual, scammers aren’t far behind. Keep your finances safe and watch out for these trending scams as the country continues to reopen:

Account Takeovers

Shorter hours and percentage-capacity rules mean many consumers are still shopping remotely. This leads to an increase in online retail scams like account takeovers, where scammers hack a company’s database to break into a customer’s account. Using the customer’s remembered payment information, the scammer goes on to place large orders to their own address — all on the client’s dime.

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