Episode 500: Your Money at Risk - The Engagement Ring Scam
There’s a new scam that’s going around where you receive a cheap (but pretty) adjustable ring in the mail along with some business cards and a QR code to scan to learn more about who sent it and why. Unfortunately, many who have scanned...
There’s a new scam that’s going around where you receive a cheap (but pretty) adjustable ring in the mail along with some business cards and a QR code to scan to learn more about who sent it and why.
Unfortunately, many who have scanned this QR code discovered it took them to a link that then installed malware on their computer. Others have reported that it gave the scammers automatic access to their banking information, although that’s probably not what happened unless they actually put their banking information into a webform on that page.
What’s MORE likely and YOU want to be aware of, is that some sites can install monitoring software on your computer or phone that then monitors the next time you use your bank ap, scrapes the information from your login, and then sends THAT to the scammers.
In this episode, we cover:
- What this ring scam is and how to protect yourself
- Your obligation to respond to or pay for mail you receive but didn’t order
- How you could go to jail for opening up mail addressed to someone else (and what you should do with it)
- What to do with those rings and seeds you’re about to get in the mail
Class Schedule:
Every 1st Thursday: Fireside Chat (Money Q&A)
Every 2nd Thursday: 7-Figure Business Building
Every 3rd Thursday: Real Estate Investing 101
Every 4th Thursday: Empowered Entrepreneur
Every 5th Thursday: Wildcard or replay
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