The 5 Golden Rules That Stop Most Scams
Updated: 2 days ago
Most scams follow the same playbook. Learn these five rules and you'll recognize nearly all of them before they cost you anything.
The 5 Golden Rules
Never share a verification code with anyone.
Never move money to a "safe" or "secure" account.
Never pay unexpected requests with gift cards, cryptocurrency, wire transfers, or Zelle to strangers.
Pause before acting on urgency.
Always verify using a contact method you already know and trust.
Why they work
Almost every scam needs one of these things from you: a code, a money transfer, a payment that can't be reversed, a fast decision, or trust in a contact the scammer controls. Take that away and the scam stops.
Keep them close
Write the five rules on a card and keep it by the phone. Then share them with someone you love. Your family gets the same calls, texts and emails you do.
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.
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