FTC Video: Avoiding Money Wiring Scams

moneyThe Federal Trade Commission (FTC) has released a video to educate consumers about the dangers of money wire scams. In the brief video, various scenarios are presented to illustrate how scammers try to convince consumers to wire money, including: lottery/advance fee scams, rental scams and the grandparent scam. Financial institutions are encouraged to use the video for consumer educational events or share information related to the video with consumers. Read more and access the video here.

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