Monday, November 25, 2013

Scammers Asking You to Pay False Debts via Prepaid Debit Cards

In a new twist on an old scam, fraudsters are calling Washington residents threatening to sue if they don’t pay off a loan debt. The only problem is the person receiving the call never took out a loan.

Here’s how the scam works:
  • Scam artists call claiming that you owe money for a debt that you have no recollection of
  • They threaten to sue you if you don't pay the debt immediately
  • They ask you to pay the debt via a prepaid debit card (such as a Walmart, or Visa card)
Report Fraud
If you receive a call like this, hang up and report it to the Washington State Department of Financial Institutions by filing a complaint at www.dfi.wa.gov or with the Washington State Office of the Attorney General at www.atg.wa.gov