The 3P Rule: Pressure, Privacy, Payment
Updated: 2 days ago
You don't need to know every scam to stop one. You only need to spot three warning signs: the 3 Ps.
If a situation includes any of these, stop
Pressure: "You must act now."
Privacy: "Don't tell anyone."
Payment change: "Pay with gift cards, crypto, or a wire transfer."
What to do
End the conversation. You never owe a stranger an explanation. "No, thank you" and hanging up is enough.
If you're worried it might be real, contact the company or person yourself, using a phone number you already trust, such as the one on your statement or the back of your card.
Why the payment matters
Gift cards, cryptocurrency and wire transfers are fast and nearly impossible to reverse. Legitimate businesses and government agencies do not require them.
Want the full set of tools? The Smart, Safe & Secure™ large-print workbook covers the 5 Golden Rules, the 3P Rule, Stop – Check – Confirm, 14 common scams, and exactly what to do if something happens. Get the workbook.
If you think you've been scammed, call your bank right away, then report it at ReportFraud.ftc.gov or call the National Elder Fraud Hotline at 1-833-FRAUD-11 (1-833-372-8311).
This post is for educational purposes only and is not legal or financial advice.
Comments