The Fraud Files: Loan Scams

Impersonation scams are commonly reported. How they work is a fraudster pretends to be someone else in order to get money or information out of you.

Romance scams hurt. They are one of the most painful types of scams commonly reported, and falling victim to a romance scam can have lasting consequences.

Imposter scams work by playing on people’s fears and emotions about situations that matter to them and creating a sense of urgency to frighten the victim into making a rash decision.