Who doesn’t dream of winning a lot of money or some other type of big prize? That’s why scammers still use the promise of a prize to try and steal your money or financial information.
You may get a phone call, email, or letter with the “good news” about a prize. Here’s how to tell you’ve encountered a prize scam instead:
If you’re not sure about a contest or the company sending you a prize notification, search online to see if you find anything about them. Type the name of the contest or company into your search bar along with terms like “review,” “complaint,” or “scam.” The search results will tell the true story.