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New Scams in 2021

talessi@ariesfoundation.org

Meet the New Scam, Same as the Old Scam

NEW SCAMS IN 2021

It certainly seems like that the pandemic and shutdown did nothing to slow down the con artists and fraudsters out there, in fact, it feels like there are more and more scams popping up every week. Let’s take a look at some of the ones that have been showing up on our radar recently.

CAR WRAP SCHEME
This one at first glance seems legit after all there are people driving around with ads on their cars all the time, but really this is another take on the “fake check scam”. What will happen is you'll either see some kind of job posting, or an email might come into your box, or you may even see an advertisement for something that claims to be able to pay you to just drive your car around. And the idea is that you'll answer this ad and they'll say, "Yeah, all you have to do is put an advertisement car wrap logo on your car, drive around like you normally would, and we'll pay you several hundred dollars a week for that.” 

How It Works - They send you a check (it’s bogus) and tell you to deposit it into your account and then use the money to purchase the car wrap from their “specialist”. The payment will be done in either a wire transfer or a money order, something that is not reversible. Once the bank realizes the check is fraudulent they will reverse the money, which means you lose the deposit plus whatever was sent to the specialist. 

Alert - Always be wary of any company that says, we're going to send you a check and you go and use that to buy something.

FAMILY IN TROUBLE SCAM
While these have been around for awhile, it seems that they are popping up more and more here in 2021. In this con, you'll get a phone call claiming to be a relative of yours, and they're in some kind of emergency that requires you to give them money.
This is often like they're away, as in out of town on vacation and they had a mishap or just got arrested.

How It Works – The person calling claims to be a friend or a relative and in they need money. The most common one is help to make bail. Usually the target is an elderly person and the scammer will pretend to be a grandchild. The pitch, "Oh grandpa, grandma, I'm in jail. I need a bail," followed by, "Please don't tell mom and dad. They'll be so mad. Please just send the money over now, and I'll sort it out and then tell them."  It's always very urgent. They need the money now. Maybe the hearing is tomorrow and they need the money for a lawyer, or they need to get out of jail now, because it’s scary being in jail, that sort of thing. And while you think I would know my grandson or granddaughters voice, these scammers are more clever than you may think. I saw one post where someone questioned why they sound different. They're like, "You don't sound like my grandson." And they said, "Oh, well, I broke my nose while being arrested, and that's the reason I sound different." 

Alert – Always good practice not to answer any phone call from a number you don't recognize, just let it go to voicemail (if it’s important they’ll leave a message) but at least verify the story somehow before wiring any money.

CUSTOMER SUPPORT SCAM
This one specifically involves 2 major corporations; Apple & Amazon and is a take on the fake order confirmation scam you may have heard of in the past.
In the past this was a phishing thing; you’d get an email alert about an order to your account and in order to cancel you need to click here. This takes the concept up a level – now it’s done with robocalls. The message may be, "This is Amazon support, and this is alerting you to an unauthorized purchase of an iPhone for a thousand dollars. Press 1 to talk to customer service to cancel this." And of course, if you pick up and you're like, "Oh, I didn't order that," so of course you press 1.

How It Works – The person will be super supportive in trying to help you get the order cancelled, but of course all they are trying to do is get your credentials. "Oh, to cancel this, we need your original credit card info," anything like that. But just note that it's a scam.
You can listen to a sample audio clip from the FTC website here, so you can an idea of what this might sound like. An unauthorized purchase of an iPhone XR 64 gigabytes for $749 is being ordered from your Amazon account. To cancel your order or to connect with one of our customer support representative, please press one or simply stay on the line. So that's just one example for Amazon, but apparently Apple is another target scammers are using.

Alert - If you get one of these phone calls, never call the number that they tell you, or press the contact button – Just Hang Up! Because if they hear you press the number, then they know now that it's a live working number and then that may be added to a list and you'll start getting even more and more spam calls. If you are concerned it might be real then we suggest you go to Amazon or Apple's official website and contact them through the official number listed on the website, not some number that a phone call gives you, because it could be fake. 

PACKAGE SCAM
This is a new take on the fake order scam mentioned earlier, except in this case the scammers are actually sending out text messages, which may be personalized using your name (which they obtain from data list brokers) and it will go, "Oh (your name) you have a package waiting from USPS or from Amazon, click this link to find out more and how to receive it.” But then if you do click the link, it's going to take you to what looks like a login page for Amazon, Apple or whoever’s website the package is supposed to be from.

How It Works - It's a phishing page and they're going to immediately steal your credentials and then use it to order from your real account and to try and take your money that way. 

Alert – Don’t click the link. Even if you know it's a scam and you're curious what the website's going to look like, don't do it, because they definitely have trackers on those links to know who is clicking the links and who's not. And the next thing you know is that you will be getting more & more e going to start to get even more text message spam because they know you're a working number. 

INCOME SCAMS
Due to COVID and the shutdown over the past year these scams have become much more prevalent, so much so that the FTC has started a new campaign to spread awareness, called Operation Income Illusion, to let people know that these scams are becoming more common. These scams come in all sorts of shapes and sizes. Note – the car wrap scam we wrote about earlier was basically a form of this. Usually it is an ad, or email, or even a posting on social media about “Work From Home”. Regardless of the pretext they use to get your attention, they will try to take your money in a variety of ways. 

How It Works – Usually it’s based on the fake check scam we described earlier. The job may require you to buy something in order to do the work – let’s say it’s a specific type of printer. Either you’ll be asked to buy it upfront from their supplier, or worse, they’ll send you a check to cover the cost, either way you never get anything out of it.

Alert – If they are making claims that they will reimburse you for your purchase or wanting you to buy from a specific vendor, then beware. It’s best to do a little more due diligence before getting involved with the company.

STIMULUS SCAMS
Scammers are relentless and the coronavirus relief and stimulus checks seemed to open more ways for them to try and take advantage of people.

How It Works - A common tactic is for scammers to contact you, whether it's email, text message, phone call, whatever, and they'll say, “Congratulations your eligible to get your stimulus check of $XXXX, whatever. Here’s all you need to do to get your claim…”
And then they’ll go about trying to steal your money or your ID in any number of ways. An example might be, "Hey, your coronavirus check is ready. We just need your bank information to deposit it. Maybe your bank account number or your bank login." Or something like, "Did you know to receive this round of stimulus money you're going to have to sign up to even be eligible? We noticed you haven’t signed up yet.” And then they give you a link to some website, of course, that is going to either steal your information and use it to steal your identity, or they might, again, steal your bank login, stuff like that.

Alert - If you're curious about whether or not you're eligible to get some kind of stimulus or when, it's always best to just stick to official websites, either your local state government or the official IRS website for details. The government isn’t going to call you about your stimulus check! 

WHAT SCAMS HAVE YOU SEEN?
Reach out to us at the ARIES Foundation for Financial Education, Inc and let us know if you have been approached with any of these or other scams infor@ariesfoundation.org

By Thomas Alessi January 5, 2025
Have you ever noticed how New Year's resolutions seem to lose their sparkle by the second or third week of January? If so, you’re not alone. Statistics show that most people abandon their resolutions within a few weeks of setting them. But why does this happen? The reasons often lie in how we approach our goals and the mindset we carry into the new year. One of the biggest culprits is setting unrealistic goals. Many of us feel a surge of motivation on January 1st and decide to aim for major life changes all at once—like losing 30 pounds in a month or working out every single day without fail. While ambition is admirable, these types of goals are often unattainable in such a short period, leading to frustration and eventual burnout. Another common issue is the lack of a clear plan. Resolutions often start as vague statements like “I want to get fit” or “I’ll save money this year.” Without actionable steps or measurable milestones, it’s easy to lose track of progress or get overwhelmed by the enormity of the goal. Without structure, even the best intentions can falter. Motivation fades quickly after the excitement of the new year dies down. Motivation is often fueled by novelty, but real change requires discipline and consistency—two traits that are harder to maintain over time. By mid-January, the initial enthusiasm often gives way to old habits, especially if we don’t have systems in place to reinforce new ones. Social and environmental pressures also play a role. Life gets busy, and as the demands of work, school, or family creep back in after the holiday lull, resolutions take a backseat. Pair this with temptations like junk food or the comfort of skipping the gym, and it’s no surprise that many people give up. Finally, many people don’t account for setbacks. Whether it’s missing a workout, overspending on a shopping trip, or indulging in an unhealthy meal, one slip-up can feel like a failure. This "all-or-nothing" mindset often leads to abandoning the resolution entirely instead of adjusting the plan. ________________________________________ Strategies to Overcome Quitters Day Breaking the cycle of quitting isn’t just possible—it’s entirely within your reach with the right mindset and strategies. Let’s dive into how you can overcome the challenges of Quitters Day and stick to your resolutions long-term. 1. Set Realistic and Measurable Goals The key to success lies in creating goals that are specific, measurable, achievable, relevant, and time-bound (SMART). For example, instead of saying, “I’ll get fit this year,” try “I’ll exercise for 30 minutes three times a week.” By breaking big aspirations into smaller, manageable steps, you’re less likely to feel overwhelmed and more likely to stay on track. 2. Build Consistent Habits, Not Just Motivation Motivation is fleeting, but habits are sustainable. Focus on creating daily or weekly routines that make progress automatic. For instance, if you want to eat healthier, prep your meals in advance or stock your kitchen with nutritious options. Building habits takes time, but once established, they become second nature. 3. Accountability and Support Systems Having someone to hold you accountable can make all the difference. Share your goals with a trusted friend, family member, or even a coach. Better yet, join a community or group with similar objectives. Knowing that someone is rooting for you—or counting on you—can keep you motivated during tough moments. 4. Reframe Setbacks as Learning Opportunities Setbacks are inevitable, but they don’t have to derail your progress. Instead of viewing a missed workout or a bad day as failure, see it as a chance to learn. What triggered the setback? How can you adjust your approach to prevent it in the future? Remember, growth isn’t linear—it’s a journey filled with ups and downs. 5. Celebrate Small Wins Big goals take time, so it’s important to recognize and celebrate progress along the way. Did you stick to your exercise routine for two weeks? Treat yourself to something meaningful, like new workout gear. Celebrating small milestones helps reinforce positive behavior and keeps you motivated for the long haul. 6. Focus on the Process, Not Just the Outcome Instead of fixating on the end goal, shift your mindset to enjoy the journey. For example, if your goal is to write a book, celebrate the act of writing every day rather than stressing about completing the manuscript. When you focus on the process, progress feels more achievable, and the outcome will naturally follow. 7. Leverage Technology and Tools Apps and tools can help you stay organized and motivated. Habit trackers, fitness apps, and budgeting tools make it easier to monitor progress and stay accountable. Life happens, and sometimes your resolutions need to evolve. Check in with yourself weekly or monthly to assess progress. Are your goals still realistic? Do you need to adjust your timeline or strategy? Being flexible ensures that your resolutions remain relevant and achievable. ________________________________________ With these strategies, you can break free from the Quitters Day trap and turn your resolutions into lasting change. The key is to approach your goals with patience, self-compassion, and a focus on progress rather than perfection. Change doesn’t happen overnight, but with consistent effort, you’ll be surprised at what you can accomplish.
By Thomas Alessi December 9, 2024
Budgeting and dieting are two of the most common self-improvement goals people set for themselves. Both aim to bring about positive changes—whether it's financial stability or better health. However, many find that sticking to a budget is just as challenging as sticking to a diet. Here’s why: 1. Restrictive Nature Both budgeting and dieting often start with a restrictive mindset. Just as a diet might cut out all your favorite foods, a budget might eliminate all your discretionary spending. This restriction can lead to feelings of deprivation, making it harder to stick to the plan. Over time, the temptation to "cheat" becomes stronger, whether it's indulging in a dessert or splurging on an unplanned purchase. 2. Unrealistic Expectations Many people set themselves up for failure by setting unrealistic goals. In dieting, this might mean expecting to lose a significant amount of weight in a short period. In budgeting, it could mean expecting to save a large portion of income without considering necessary expenses. When these high expectations aren't met, it can lead to discouragement and abandonment of the plan altogether. 3. Lack of Flexibility Life is unpredictable, and both diets and budgets need to be flexible to accommodate unexpected changes. A rigid diet plan doesn't account for social events or cravings, just as a strict budget doesn't account for emergencies or spontaneous opportunities. Flexibility is key to maintaining long-term success in both areas. 4. Emotional Factors Emotions play a significant role in both eating and spending habits. Stress, boredom, and happiness can all trigger overeating or overspending. Without addressing the underlying emotional triggers, it's challenging to maintain a diet or budget. Emotional awareness and coping strategies are essential for long-term success. 5. Short-Term vs. Long-Term Mindset Both dieting and budgeting often focus on short-term results rather than long-term sustainability. Crash diets and extreme budgeting can lead to quick results, but they are rarely sustainable. A more balanced approach that focuses on gradual, consistent changes is more likely to lead to lasting success. 6. Lack of Support Having a support system can make a significant difference in achieving goals. Just as people might join a weight loss group or hire a personal trainer, having a financial advisor or joining a budgeting community can provide the encouragement and accountability needed to stay on track. Making It Work To make both budgeting and dieting work, consider the following tips: • Set Realistic Goals: Aim for gradual progress rather than drastic changes. • Allow Flexibility: Build in some room for treats and unexpected expenses. • Address Emotional Triggers: Be mindful of how emotions affect your habits and develop healthy coping mechanisms. • Seek Support: Surround yourself with people who encourage and support your goals. • Focus on Long-Term Changes: Develop habits that you can maintain for life, rather than quick fixes. By understanding the similarities between budgeting and dieting, you can approach both with a more balanced and sustainable mindset. Remember, it's about progress, not perfection. Watch our Think With A Drink episode for ways to be better at handling your expenses: The Dreaded B Word
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