Wednesday, 4 November 2015

Telemarketing Fraud & How SEC Whistleblowers Can Help

By Bob Oliver


The majority of us know who telemarketers are. These are the individuals who contact our homes, for the purpose of selling us on something. While the majority of these individuals are harmless enough, others work for the purpose of getting something from you. This is where telemarketing fraud can come into the picture, and to say that it's serious would be an understatement. However, here are a few details that can be brought to your attention by SEC whistleblowers.

As companies the likes of Whistleblowers Against Fraud will tell you, telemarketing fraud is a serious situation. For those who do not know, this involves calling a potential victim, the purpose being to sell them on a product, idea, or something else entirely. In any event, when the fraudster receives credit card information, it's easy to imagine that this is where fraud can develop. It's also where SEC whistleblowers can prove to be the most helpful.

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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