It's not always easy to spot con artists. They're smart, extremely persuasive, and aggressive. They invade your home by telephone and mail, advertise in well-known newspapers and magazines, and come to your door.
Most people think they're too smart to fall for a scam. But con artists rob all kinds of people - from investment counselors and doctors to teenagers and elderly widows - of crores of rupees every year.
Just remember... if it sounds too good to be true, it probably is.
If Someone Rips You Off
Report con games to the police, your city or state consumer protection office, or a consumer advocacy group. Don't feel foolish. Reporting is vital. Very few frauds are reported, which leaves the con artists free to rob other people of their money - and their trust.
Be a Wise Consumer
- Don't buy health products or treatments that include:- a promise for a quick and dramatic cure. Quackery can delay an ill person from getting timely treatment.
- Never give a caller your credit card, phone card, or bank account number over the phone.
- Investigate before you invest. Never make an investment with a stranger over the phone. Beware of promises that include the terms "get rich quick," or "a once in a lifetime opportunity."
- Look closely at offers that come in the mail. Con artists often use official-looking forms and bold graphics to lure victims. If you receive items in the mail that you did not order, you are under no obligation to pay for them - throw them out, or return them.
- Be suspicious of ads that promise quick cash working from your home. After you have paid for the supplies or a how-to book to get started, you often find there's no market for the product and there's no way to get your money back.
- Beware of cheap home repair work that would otherwise be expensive, regardless of the reason given. The con artist may just do part of the work, use shoddy materials and untrained workers, or simply take your deposit and never return.