News Briefings

Tell-Tale Signs of a Scam — How They Ask You to Pay

By ACoM

Briefings

News Briefings

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Livestream | Friday, Sep 22, 2023

Guest Speakers

  • Sophia Siddiqui, Attorney, Division of Marketing Practices, Federal Trade Commission
  • Lois Greisman, Associate Director, Federal Trade Commission Division of Marketing Practices, Washington DC

Event Overview

In its third of three special briefings for EMS on the latest trends in scams, FTC experts break down the ways scammers tell you to pay – from apps like Venmo, CashApp or Zelle to gift cards to cryptocurrency and more – and why it’s hard to get your money back.

If you pay a scammer with a gift card or payment app, is your money gone? Why do scammers insist you pay with cryptocurrency? Payment methods are tell-tale signs of a scam.

Presented by The Federal Trade Commission & Ethnic Media Services