WFO 2022 Jan Issue #1

Page 44

SCAM ALERT | Scams To Look Out For In The New Year

SCAMS

to look out for in the

NEW YEAR

Words Georgie Arnaud It’s a new year and we all want to start strong. Don’t let scammers ruin your New Year's resolutions and bring negativity into your new year. The ideal way to start your year fresh and financially ready is to relax into it, without any pressures or stresses. So, in order to make sure you don’t start your year at a disadvantage, we’ve researched the most prevalent scams to keep an eye out for at the moment.

GIFT CARD SCAMS

Have you been asked to pay a debt with gift cards? Typically, someone receives a call from a scammer pretending to be ATO or Federal Police requesting payment of an overdue tax or fine.

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The scammer will ask to be paid by gift card. Gift cards are untraceable which is why scammers will use them as an opportunity to take advantage of your savings without any traceable evidence of the crime. The most common form of gift card payment requested by scammers has been iTunes cards but they could also ask for Google Play, Steam cards, Amazon, Go Prepaid debit cards, Australia Post Load, or any other form of gift card. HOT TIP: Remember the ATO or Federal Police will never ask you to pay your tax or fines using gift cards.


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