Common Scams
July 30, 2024
Romance. Grandparents. Sweepstakes. Gift Cards. What do all these things have in common? They are frequently used to scam people out of their hard-earned money.
Below you will find some examples of common or popular scams to be on the look out for so you can protect yourself and your money.
- Government impersonation: government impersonation scammers pretend to call you from a government agency, like the FBI, Social Security Administration or IRS. They say something bad will happen—you’ll go to jail, for example—if you don’t pay.
- Romance/confidence: Often posing as military or a trades person working overseas to avoid meeting face-to-face, these scammers develop fake online personas to gain the trust and affection of their victims before asking for money for emergencies.
- Grandparent: a grandparent scam involves the scammer impersonating a loved one who is in trouble and needs money. These scams have become even more convincing in recent years due to artificial intelligence that can mimic anyone’s voice.
- Lottery/sweepstakes/inheritance: The victim is told they’ve won a prize or inherited a large sum of money, which they can only access if they pay taxes and fees upfront, or if they give up their identity and bank account information for direct deposit.
- Investment: Victims are asked to tap retirement accounts, home equity or credit cards, and put their money into low-risk investments with guaranteed returns. Investment scams often take the form of pyramid schemes, market manipulation or real estate investing. More recently, criminals have been using cryptocurrency for their investment scams, asking victims to purchase crypto, like Bitcoin or Ethereum, and transfer it to their digital wallet.
- Non-delivery: Fake advertisements entice people to order and pay for items online. They either never receive the order or get something completely different from what was advertised.
- Gift cards: Posing as a business or government agency, the scammer will request payment in gift cards, telling their victim to send them the numbers on the back of the cards. The scammer convinces the consumers to go to a nearby store (e.g., Walmart, Target, Walgreens, or CVS) to purchase a gift card. he scammer then directs the consumer to scratch off the security film on the back of the gift card and read out the numbers to the scammer. The scammer can then remotely access and retrieve the gift card’s value or, more commonly, the gift card information will, be sold and resold on a secondary market.
Often predators also target people who are seeking relief from financial stress. Below are a few common scams targeting people already experiencing financial strain.
Protect yourself before you’ve been scammed
Identity Theft Freeze Law
- This law allows anyone to contact the credit bureaus (Equifax, Experian, and TransUnion) and request a credit freeze…it’s FREE
- The freeze must be placed within 3 days after the request and within 10 days you will be provided a unique PIN
- You can temporarily life or “thaw’ your report for a specify amount of time
- We recommend this be done for anyone under the age of 18 or any senior citizen that has no need to open new credit
https://www.ag.state.mn.us/Consumer/Publications/CreditFreezesFraudAlerts.asp
Our Recent News
In 2024, Rebecca and Daniel were facing a difficult reality: their home was in the foreclosure process. With Daniel recently diagnosed with a serious, terminal illness, Rebecca had become the primary financial provider while also caring for her husband and their disabled daughter. What began as a hopeful purchase of a home in 2022 quickly became a financial burden as life’s unexpected challenges took a heavy toll on their family. Overwhelmed and unsure of how to move forward, Rebecca and Daniel turned to Catholic Charities’ Financial and Housing Counseling program for help. After meeting with one of our experienced counselors, they gained a clear understanding of the foreclosure process in Minnesota, including available options and timelines. The first step was to assess their hardship and review their home’s affordability. Despite Rebecca’s best efforts to contact the mortgage company, the stress of managing multiple responsibilities made it difficult to complete the required paperwork. Our counselor worked directly with the mortgage company, helping Rebecca and Daniel fill out the necessary forms. As a result, they were offered a partial claim mortgage assistance program that allowed them to bring their mortgage current and stop the foreclosure. “I don’t have to worry about losing our home while dealing with Daniel’s healthcare needs,” Rebecca shared with relief. Our team also helped the family apply for energy assistance and connected them with additional social security resources, further supporting their financial recovery. Catholic Charities’ Financial and Housing Counseling program, available since 1982, has no income limits and provides expert guidance to anyone looking for assistance. As a licensed U.S. Department of Housing and Urban Development (HUD) provider, we are committed to helping individuals make informed financial decisions and build a secure future. Rebecca’s heartfelt gratitude says it best: “Many thanks to you, Lois, for everything you do for us!! God Bless You!”
Catholic Charities of the Diocese of St. Cloud receives $10,000 grant from Federal Home Loan Bank of Des Moines and Stearns Bank through the Member Impact Fund Grant program supports affordable housing and community development
Summer should be a time of fun and freedom — but for many families in Central Minnesota, it’s a time of deep uncertainty. Without school meal programs and with rising grocery prices, far too many of our neighbors are struggling to put food on the table. That’s why we’re excited to announce that Catholic Charities Emergency Services Food Shelf is once again participating in the Open Your Heart to the Hungry and Homeless Summer Challenge — and we need your help! What Is the Summer Challenge? Every July, food shelves across Minnesota take part in the Open Your Heart Summer Challenge — a statewide fundraising effort where donations are matched through grant funding. That means every dollar you give to our food shelf during the month of July helps us qualify for a matching grant of up to $4,000. It’s a powerful way to double your impact and ensure we can continue meeting the growing need in our community. The Need Has Never Been Greater Food insecurity remains heartbreakingly common in our state. According to a 2024 statewide hunger study, 1 in 5 households in Minnesota are food insecure. Here at Catholic Charities, we’ve seen that need firsthand. Our food shelf has seen a dramatic rise in the number of shoppers — including many families who have never needed help before. The cost of food is higher than ever, and families are forced to make tough decisions between buying groceries and paying for rent, gas, or medications. What We’re Doing At Catholic Charities Emergency Services Food Shelf, we offer more than just food — we offer choice, dignity, and hope. Our shoppers are able to select the food that fits their family’s dietary, cultural, and health needs. We provide a respectful, welcoming experience and access to nutritious foods, including fresh produce, meat, and dairy. In 2024, we distributed over 2.7 million pounds of food through our food shelf, mobile outreach, and emergency food bag programs — but we can’t do it alone. How You Can Help This July, your support means more than ever. Every donation made to our food shelf during the Summer Challenge will be matched through the Open Your Heart Summer Challenge, stretching your gift further to help feed families in Central Minnesota. ➡️ Donate Today: Click here to give now Thank you for being part of this mission of compassion and community. Want to learn more about our Food Shelf and other food programs? Visit ccstcloud.org/food-services To learn more about the statewide Summer Challenge, visit oyh.org/summer-challenge
