Financial Scams During Times of Disaster
During natural disasters, we often see an increase in financial scams impacting our communities. These range from fake charities, to unsolicited “help” from FEMA, to increased scare and account takeover fraud tactics.
The Federal Trade Commission (FTC) and local, state, and federal authorities are warning individuals about the potential for increased fraud activity following hurricanes Helene and Milton. The North Carolina Department of Justice has posted the following advice on their website:
>> Make sure the organization you want to donate to is legitimate.
>> Don’t respond to unsolicited calls, emails, and text messages asking you to give.
>> Watch out for social media and crowdfunding scams.
>> Pay by credit card or check.
>> If you’re feeling pressured to give immediately, don’t.
If you want to donate to a charity or organization, you must always confirm that it is legitimate. This includes organizations with names similar to well-known charities. Check them out at the Better Business Bureau’s Wise Giving Alliance, Charity Navigator, or GuideStar. If you’re still unsure, check with the Secretary of State for the state they are located in.
To keep your money with a reputable charity, never respond to unsolicited messages asking for a charity donation. These messages could be phishing scams or direct you to a copycat link of a legitimate charity’s site to part you from their money. The same is true of crowdfunded requests, such as those on GoFundMe. Bad actors set up legitimate seeming requests to trick you into donating.
Lastly, double-check any information before you share it on social media. The spread of misinformation only stops if we stop spreading it. Look for information from trusted sources, such as FEMA, local governments, or non-profits.
Let’s be informed and stay safe!