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The fear factor
Mr. Ashby said that there are “hundreds” of phone scams going around that “work on two factors: fear and euphoria.”
For example, someone calls up and says they are calling from a bank or credit card security office.“They
say, ‘We understand your card is being charged.' They want you to think you are the victim of a rampant crime and the only way to stop it, is for you to give your credit card number.”
With the euphoria factor, con artiste say, “Congratulations you have won a car. To confirm this, we need your credit card number.”’
With this information a telephone scam artist can withdraw money from a person’s account, he said, or use the credit card itself.
Scam artists usually sound believable, he said. His office urges consumers to refuse to divulge or confirm any financial information and to “hang up" on telephone scam calls.
“The longer the call continues, the greater the chance that the scam artist will convince the consumer to reveal credit card or other financial details,” he said.
79.6%