Since criminals chase headlines, scammers are expected to come out in droves in the wake of recent calamities. The Federal Trade Commission (FTC), a consumer-protection agency, has seven tips for protecting your money and identity from fraud after a natural disaster.
- Be skeptical of anyone promising immediate clean-up and debris removal.
- Some may quote outrageous prices, demand an upfront payment or lack the skills needed. Check them out.
- Before you pay, ask for identification, licenses and proof of insurance. Don't believe promises that aren't in writing.
- Never pay by wire transfer, gift card or cash.
- And never make a final payment until the work is done and you're satisfied.
- Guard your personal information.
- Only scammers will say they're some type of government official and then demand money or your credit card, bank account number or Social Security number.
- Remember: The Federal Emergency Management Agency (FEMA) does not charge application fees to apply for funds.
- If someone wants money to help you qualify for FEMA relief, it's probably a scam.
- Be wise to rental listing scams.
- Steer clear of people who tell you to wire money or ask for a security deposit or rent before you've even met or signed a lease.
- Spot disaster-related charity scams.
- Scammers often will try to make a quick profit from the misfortune of others. Here's more on donating wisely and avoiding bogus charities.