MoneyGram is warning consumers scam artists are attempting to defraud people out of their hard-earned money during the holiday season, having enlisted a former NYPD detective and anti-fraud expert to raise awareness. Consumers should never wire money to someone they don’t know – ever and keep their hard-earned dollars in their own pockets. You should always follow the 3Rs; Recognize, React and Report.
Recognize: Savvy consumers should look for red flags when someone asks them to send
money through a wire service or money order, because scammers often request these methods knowing that once the money is sent, it cannot be retrieved.
React: When they identify a scam, consumers should immediately put an end to any transaction or conversation – hang up the phone, delete the email, or end the back-and-forth messaging.
Report: Report the suspected scam to the local police, and file reports with the Federal Trade Commission, National Consumers League, and Internet Crime Complaint Center (if the suspected fraud was online).
Consumers should call 1-800-MONEYGRAM (800-666-3947) if they believe MoneyGram was used to wire money as a result of a scam. Since mid-2010, MoneyGram has prevented millions of dollars in suspected fraud activity, put those dollars back in the pockets of consumers, and kept the funds out of the hands of scammers. Also, visit the Moneygram fraud prevention website – moneygrampreventfraud.com – where consumers can arm themselves with information to prevent monetary losses.