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All we have heard of all the problems that people are having with credit card fraud -- a new survey from the Consumer Federation of America shows that over a million Americans.
I've been swindled by fake check scams.
Isn't grant from the Consumer Federation of America joins us now -- -- we -- You know I got to play as a journalist ten years and here I've been.
I can't tell you how many credit card scam and check scam and -- -- -- -- stories I've done in my career.
What different what do we know that's any different is it better or worse as far as the stamp goes up and our people -- to the spine.
What we know for the first time this the true scope of the problem in our survey we found that.
Nearly 13 of adults in the United States have been approached with some form -- -- check scam and 2% have actually sent the money.
That's about the same response rate that legitimate direct marketers.
Get and that means that what at least one point three million people.
Have sent money to these -- That 3000 to 4000 dollars on average that's a lot of money that's being drained out of consumers' pockets and into the pockets of these cracks.
Yeah I've got to I've got to Nigerian prince who won some money he's -- that gonna get a lot of money for a but c'mon these -- have been around for ever who is -- -- fallen for this stuff are they.
Intellectually challenged at the right way to say -- -- the seniors what is it that's going on who -- these people.
Anybody can be stand there are lots of different variations.
Of these stick check -- one for every one.
We found in our survey that the most common are those involving sweepstakes and lotteries grants or work at home opportunities.
In today's economy with so many people just struggling to make ends meet.
First of sudden riches are ways to earn money are really attractive.
And we're especially concerned about the phony job offers that people are receiving to process checks on behalf of a foreign company.
Or be a mystery shopper.
They receive checks or money orders that look real.
They're told to deposit them.
And send them.
Or part of the money back to the employer minus their pay and unfortunately.
They don't realize until afterwards.
That the check or money order was counterfeit and now they're on the threat to their bank -- credit union.
Incidental Suzanne we got we got some breaking news we're gonna have to let it go but as for coming on Fox Business is a great Consumer Federation of America thank Susan we -- breaking news.
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