Scams and frauds have become a common feature today with advanced technology. Such scams may come to you in various ways that can rob you of your money. It is therefore important that you should know them well so that you are ready for reporting scams. If you know the modus operandi of different scammers, you can protect yourself by reporting scams. The following is a brief resume of these.

Telephone Scams

According to Big Scammers, if you are contacted over the phone by strangers who try to sell something you have not planned to purchase and pressurize you for furnishing your personal information such as your bank and credit card number, you should be warned for reporting scams to appropriate agencies or government authorities. The scammers usually offer exaggerated or fake prizes, products and services. The following are the types of telephone scams that need immediate reporting scams:

  • Travel packages; free or low cost
  • Credit and Loans, such as payday loans, advance fee loans and protection of credit cards
  • Fake Business & Investment opportunities
  • Charitable causes such donation for a recent natural disaster

You can avoid fraudulent telephones by getting your cell phone or landline number registered with the National Do Not Call Registry by calling to number 1-888-382-1222. If you have fallen victim to telephone scams, resort to reporting scams to the Federal Trade Commission (FTC) by calling 1-877-382-4357.

Banking Scams

You must resort to reporting scams, if you fall victim to any of the following scams


  • Fake Check Scams: The scammers make counterfeit checks look legitimate, with routing number, watermarks and the names of the actual financial institutions. Then, they try to deposit the same in banks or make payments against purchase of goods or services.
  • Unsolicited Checks: The scammers send you a check without any legitimate reason to receive. In case you cash it, you are authorizing a purchase of items, you did not ask for. You may also be authorizing for a loan or anything else, you did not ask for
  • Automatic Withdrawals: The scammer sets up automatic withdrawals from your bank account, which you never approved
  • Phishing: You may receive an email, asking you to verify your bank account number, or PIN of your debit card


Investment Scams

This is a fake offer of earning more by investing very low amount. If you fall victim, immediately resort to reporting scams to Security and Exchange Commission or the Attorney General of your state.

Charity Scams

You receive an appeal letter, requesting to donate for relief for any natural disaster or tragedy that took place recently. Report such scams to Federal Trade Commission.

Ticket Scams

You get an offer to buy ticket of a concert or some reality show of familiar artists. These tickets are counterfeits or fake.

Lottery & Sweepstakes Scams

You get offer of valuable prizes or award, foreign lotteries, overpriced products or services

Pyramid Schemes

Also known as a Ponzi Scheme, it is a multi level marketing scheme, where you are asked to pay to your previous participants and you will be required to add new participants.