How to Avoid Becoming a Repeat Victim of Scams

Falling victim to a scam is distressing enough, but did you know scammers often target the same victims again? This tactic, known as "reloading," exploits the fear and vulnerability of those who have already lost money. In 2024, Americans lost a staggering $12.5 billion to fraud, a 25% increase from the previous year, highlighting the urgent need for vigilance.

Why Scammers Target Victims Twice

Scammers often pose as authority figures such as FBI agents or government officials to intimidate victims into compliance. This imposter scam strategy leverages respect for authority and fear, making victims more likely to hand over sensitive information or money. The desperation and embarrassment victims feel can cloud judgment, increasing susceptibility to repeat scams.

Practical Steps to Avoid Becoming a Repeat Victim

• Get identity theft protection services that monitor your credit and personal data for suspicious activity.
• Freeze your credit reports with Equifax, TransUnion, and Experian to prevent unauthorized accounts.
• Lock your Social Security number to block its misuse for jobs or government benefits.
• Be cautious of phishing attempts, especially messages claiming to be from government agencies offering help or refunds.
• Verify any unsolicited contacts independently using official phone numbers, never those provided in suspicious messages.

Remember, legitimate agencies like the FBI do not guarantee fund recovery or charge fees for such services.

Understanding the Emotional Playbook of Scammers

Scammers exploit emotions like fear, urgency, and embarrassment to manipulate victims. Older adults, in particular, may feel isolated or afraid to disclose losses, making them prime targets for imposter scams. Recognizing these emotional triggers can help you pause and critically assess suspicious interactions.

While recovering lost money is rare, protecting your identity and personal data is crucial to prevent further damage. Using credit card fraud protections and working with your bank can help mitigate losses from stolen credit card information.

Ultimately, staying informed and proactive is your best defense against repeat scams. By implementing protective measures and maintaining skepticism of unsolicited contacts, you can reduce your risk and regain control after a scam.