PHOENIX (3TV/CBS 5) — Higher prices are affecting just about everything we buy, including housing and transportation. The Feds recently raised interest rates to slow down borrowing which will hopefully bring down prices for consumers.
And that makes the perfect opportunity for scammers to take advantage of you. So today, we’re talking to Zulfikar Ramzan. He’s the Chief Scientist at Aura which is an online security company that helps prevent consumers from being scammed online. He tells us his company has seen a dramatic uptick in loan and interest rate scams tied to inflation. He’ll also tell us how the scams work and what you need to look out for to keep from getting ripped off.
LISTEN & SUBSCRIBE
Available Now: Stream | Apple Podcasts | Spotify | Amazon Music | | Google Podcasts
MORE EPISODES
Inside a scammer’s “Bible” to ripping off victims: How would like to get into the mind of a scammer? You can. A Nigerian conman has flipped sides and is sharing many of his untold secrets with David McClellan of Social Catfish, a website dedicated at preventing romance scams. The scammer exposes all the do’s and don’ts of using the “Romance Scam” in order to dupe lonely women. All the details are in a manual referred to as a “Scammer’s Bible” to ripping off victims. McClellan tells On Your Side how exactly what’s in the manual so victims know what to look out for. Click here for more info
The reason spam texts are increasing: Robocalls are becoming…
