Hold the phone!
Phone fraud is still the biggest threat to consumers. The Federal Trade Commission (FTC) reported that by 2018, 69% of all reported frauds were telephone fraud. Once a scammer has you on the phone, he'll try to fraudulently take over your money with stubborn sales pitches, empty promises, and false threats – live or automated.
The latest phone fraud was referred to as " One" Ring "Fraud. Here, the fraudster's goal is not to answer the call after the first ring, but to call you back. Your phone rings once and ends. You think you missed the call and you call the caller back. You may receive an actual person or possibly a recording. While you're waiting to find out who is on the other end of the line, there are high call charges, much like calling a 900 number, and while you're waiting, high phone bills will be incurred. The phone number in the caller ID will most likely be a domestic call, but many of the calls are actually being traded overseas from areas that also start with a three-digit code that gives the impression that it is a US call. Some of these scammers may also use additional spoofing techniques to make it even harder to recognize that it is a fraud call.
The longer you talk to the caller, the more money you lose and the more likely it will not come back. Often these calls take place in the middle of the night, when potential victims are more vulnerable because they are unaware that they have been woken up and when it is assumed that there must be some kind of emergency. Here are some important tips on how to avoid the latest "One Ring" phone scheme and other frauds currently in circulation:
Answer unrecognized numbers. If you do not recognize the phone number or do not have the caller in your contacts, do not answer the call. If a caller does not recognize you more than once, but leaves no message, block the caller. These calls usually try to get you to agree on something that will inevitably cost you money. It is also recommended that you do not answer the answering machine with an unknown number in the middle of the night when you are less likely to worry. The caller trusts that you are not fully awake and more likely to get caught in the trap. If you accidentally pick up the phone and it is a call, hang up immediately. Robocalls are illegal if the company that calls you did not do business with you last month.
Use reverse phone look-up apps. Reverse Phone look-up apps help you identify phone numbers, names associated with numbers, and sometimes addresses. So next time you miss a call and are unfamiliar with the phone number, do not call the number back, but do a reverse search first.
Do not follow recorded messages. If a recorded message appears after answering a call and you are prompted to press "1
Do not give out any personal or financial information. When a caller asks you for personal or financial information (such as a social security number or credit card information) or asks you to confirm a number that he already has, you will be cheated by a scammer. Many scammers ask people to transfer money. This should be a red light at which you are cheated, and it is impossible to reverse cash with cable money. If a seller continues to insist that you make a transfer in order to make payments, do not act until you are sure about the authenticity of the deal.
Add your phone number to the "Do Not Call" tab. Unfortunately, scammers are always a step ahead of everyone, making it nearly impossible to stop fraudulent calls altogether. However, you can easily recognize them because most legitimate telemarketers do not call you when you are in the registry.
Block incoming numbers on your phone. For most mobile operators, you can block an incoming number for your mobile phone. After receiving the call, follow your provider's instructions to avoid being called again.
Set up the Anonymous Call Disapproval feature. Call your telephone company to find out if this option is available on your landline. This feature allows you to filter out calls from callers who have blocked their caller ID information. This is a tactic of telemarketing.
Use a call barring app or call barring device to filter calls. You can use a call-blocking app such as Truecaller or PrivacyStar to review calls and eliminate spam and fraud. Ask your telephone service provider if he also offers locking tools.
Log in to Nomorobo. Nomorobo uses a Simultaneous Ring service that detects and blocks robocalls on a blacklist of known offender numbers. Similar to the "do not call" registration, it is not infallible, but provides an additional level of protection. It's free for landline and mobile phone connections.
Avoid the word "yes" when answering the call. Many robo-fraud cases begin with the caller "Can you hear me?" Says. If you say yes, you will record your answer, claiming that you have agreed to a monthly service or subscription.
Check phone bills for unidentifiable charges. Always look through your phone bill and look carefully for suspicious numbers. Report any questionable numbers to your telephone company and the FTC.
Limit the distribution of your telephone number. Consider your phone number as well as your social security number and limit how often and to whom you pass it.
Report alleged telephone fraud. If you find a suspected telephone fraud or abusive telemarketer, file a complaint with the FTC online or at 877-382-4357. It is also helpful to notify your state consumer protection office.
While there's really no time of year to protect against robotic and spam calls, they generally increase during tax time, election season, and holidays. Travel time as well as hurricanes and other weather disasters. Be alert and aware. These scams are constantly changing, so it's important to stay informed to protect yourself.
Justin Lavelle is Chief Communications Officer for Been Verified and a leading expert on telephone fraud. BeenVerified is one of the major sources of reverse phone technology. This will allow you to quickly check who is connected to the calling phone number and avoid cheating calls.