Banking

ABA Foundation, FBI release infographic on preventing vacation rip-offs

The American Bankers Association Foundation and the FBI today launched a brand-new infographic offering customers ideas to prevent online shopping rip-offs this holiday. The graphic offers recommendations for acknowledging indication, lists excellent cyber routines, advises customers to do company with business they rely on and describes why payment approaches matter when it concerns settling conflicts.

According to the FBI’s Internet Crime Complaint Center, Americans lost $337 million to non-payment and non-delivery rip-offs in 2021. In these rip-offs, purchasers spend for product and services online, however never ever get them. Conversely, sellers deliver products or offer services, however never ever get payment.

“With today’s economic challenges, many people are looking for ways to save money this holiday shopping season,” stated ABA Foundation VP Sam Kunjukunju. “If they’re not careful, they may run into a scam instead of a good deal. We’re urging consumers to use caution and remember that when a deal seems too good to be true, it probably is.” Bankers are motivated to share the infographic with their customers.

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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