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When Answering the Phone Exposes You to Fraud

Posted on: December 28, 2018
Categories: Finances

Originally published on The New York Times:

Telephone Fraud Is Rising

These days, fewer frauds start with a knock on the front door or even someone’s home computer. Instead, there are signs that thieves are relying more on the telephone to entice people to part with cash, or vital private information. A recent examination of 50 billion mobile phone calls by First Orion, a provider of caller-ID and call-blocking services for major cellular companies, found that the number of fraudulent calls in early 2018 had soared to 30 percent of all calls, rising from 4 percent in early 2017.

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Related Article: How to Spot and Avoid a COVID-19 Scam


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