AARP Fraud Watch


Coin Seller Calling? Hang Up!

Dear Ben,

As the value of gold rises, gold coin scams rise with it. A tried and true way 
gold coin con artists find their victims is through cold calling.

How it Works:

A caller may try to convince you that buying gold coins is a hot investment
and 
that you can double or triple your money practically overnight. The caller may 
send coins, but they will be nowhere near the value you paid for them.
 

What You Should Know:

Professional gold coin dealers don't make cold calls to find buyers. If a 
caller tries to sell you gold coins, chances are it's a scam.

What You Should Do:
*  If you get a call about collecting coins, simply hang up.
 
*  Learn to spot persuasion tactics. Pitches that include, "This investment 
will make you rich" or "These coins are very rare and you can't even find
them" 
are classic scam lines.
 
*  Before making an investment, check to see if the person selling you the 
investment is registered with the Professional Numismatists Guild, or is a 
financial adviser who is a registered broker.
    http://action.aarp.org/site/R?i=aK-evA8Ea0ggCU6eybgv6Q

If you're under financial pressure, you may be willing to take more risk and 
perhaps even make more quick decisions without doing your due diligence. If 
you're feeling financial stress, beware that it's a risk factor for fraud.

Check out an in-depth article on coin scams that recently appeared in AARP the 
Magazine here.  And please share this alert with friends and family.
http://action.aarp.org/site/R?i=9OLYKig9JZJHZUojAOmgQg

Kristin Keckeisen
Fraud Watch Network
 

P.S. Spotted a scam?  Tell us about it.  Our scam-tracking map gives you 
information about the latest scams targeting people in your state.  You'll
also 
find first-hand accounts from scam-spotters who are sharing their experiences 
so you know how to protect yourself and your family.
http://action.aarp.org/site/R?i=rpZxIrQfUdj0lLxDLLBxGw


The AARP Fraud Watch Network connects you to the latest
information about ID theft and fraud so you can safeguard your
personal information and your pocketbook.

Visit the site >
http://action.aarp.org/site/R?i=GCNWBC0BtGpJ58x91_8ohQ

Get help:
If you or someone you know has been a victim of identity
theft or fraud, contact the AARP Foundation Fraud Fighter Center at
877-908-3360.

FORWARD TO A FRIEND:

Share this alert with your family and friends so they know
how to spot the common strategies scammers use and have the tools they
need to defend themselves against their tricks.

Forward this alert >
http://action.aarp.org/site/R?i=-2KqWWDhwbBiC-Vk-ZavkA

http://action.aarp.org/site/R?i=YSyx2gL4JjOWKk7QB6oDHw

Join us: 
Facebook
http://action.aarp.org/site/R?i=OEPz8aNYCOVJOIOMyikTvA

Twitter
http://action.aarp.org/site/R?i=HKVox4imVaFTNgRdDNZaJg

AARP
601 E Street NW
Washington, DC 20049

AARP Privacy Policy: http://action.aarp.org/site/R?i=RXfleZTAkehgCfzj1C1C5A


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Keep the faith   :^)

   Ben  aka cMech  Web: http|ftp|binkp|telnet://cmech.dynip.com
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              Home page: http://cmech.dynip.com/homepage/
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... Everybody needs some misery in his life, in order to be happy.
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