The Federal Trade Commission reported almost 300,000 reports of imposter scams in the first nine months of this year.
The FCC issued cease and desist notices to voice service carriers in an effort to stem the tide of these automated calls with noticeable results. According to Porter there has been a large decrease in month over month robocalls since the FCC acted.Kim Palmer of NerdWallet said credit card fraud is one of the most common types of scams. However, Palmer said if you catch and report it, you have a good chance to recover your lost money.
She advised consumers to check their credit card statements regularly to quickly find fraudulent charges. If you do find something amiss, report it to your credit card company and let them know your card might be compromised.”
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