Sunday 1 November 2015

SEC Whistleblowers & The Understanding Of Telemarketing Fraud

By Bob Oliver


It's easy to imagine that most of us know who telemarketers are. They contact people via telephone in order to sell them on products and services, most of which probably don't have much relevance to the general public. With that said, the possibility of telemarketing fraud can come about, especially for those who aren't careful. To better understand what this form of fraud is all about, here are a few details you'd be wise to keep in mind.

For those who do not know - and companies like Whistleblowers Against Fraud can offer all of the details - telemarketing fraud is when an individual calls a potential victim, telling them on a certain proposition. The other individual, under the disbelief that they're being presented with a good deal, agrees and makes a payment. This is where fraud comes about, and it's a serious matter that SEC whistleblowers can draw attention to. However, there is more to consider than this.

You may be curious to know how telemarketing fraud specifically comes about, though. A common example would be the "news" that you won the lottery, and that the individual on the other line needs your credit card information to fulfill the transaction. This should be seen as a cause for alarm, but others might fall for the trick. Nonetheless, in order to avoid becoming a victim in this scenario, a certain level of care is required.

Even though telemarketing fraud is an unfortunate situation for anyone who falls victim to it, there are ways that people can protect themselves. One of the ways of doing so - and the likes of Whistleblowers Against Fraud can agree - is by being mindful of when you're contacted. If they call you extremely early during the day or the middle of the night, this is abnormal behavior. It's also one of the biggest warning signs to be aware of.

If you'd like to know how to combat telemarketing fraud, it's easy to imagine that there's much to discuss. There's no denying the fact that this is a serious problem, but it's not like SEC whistleblowers can't offer help. They can provide the best learning experiences, seeing as how they are valuable resources, but common sense on your part must be exercised as well. Only then will you be able to combat this form of fraud in the long term.




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