Top 10 scams of 2011

Scams promise money back but don't deliver

Recovery scams promise money back but don't deliver
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Posted: 02/14/2012

PHOENIX - Most of us can say we been a target of at least one of the top 10 scams of 2011.

The National Consumers League (NCL) has compiled their numbers and released their top 10 scams for last year .

You may remember many of them from previous years, but while the scam remains the same, the “sell” or story is ever-changing.

NCL findings show that most scams start through the internet, target people 46-55 years old and require payment in the form of a wire transfer.

There are three different categories:

-Top 10 Overall scams – topping the list is Prizes/Sweepstakes/Free Gifts which is requests for claim prizes that never materialize.

-Top 10 Internet scams – topping the list is General Merchandise that is purchased and never delivered.

-Top 10 Telemarketing scams – topping the list is once again… Prizes/Sweepstakes/Free Gifts.

Click here to review all of NCL’s Top Scams of 2011 .

The NCL has also put together a quick and easy list of definitions explaining the scams, including these three:

Family/Friend Imposter

Scammer poses as a friend or family member (or someone representing same) in distress who needs money.

Internet: Auctions

Goods never delivered or misrepresented after an upfront fee is paid.

Scholarships / Grants

For a fee, scholarship “search company” offers to conduct customized search for scholarships or grants for students to apply for. Scammers take the money and run or provide a worthless list.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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