Giving to charity is a wonderful way to support important causes. Unfortunately, scammers want to use your desire to donate to steal your money and personal information. If you receive a call, email, or text asking for a donation, be careful. Do your research, take your time, and never give out financial or personal information in return.
What kinds of charity scams should I watch out for?
Charity scams can be fake alternatives to every type of charity imaginable. One major red flag is if the person you’re communicating with uses pressure tactics, asks for your money urgently, or if they won’t take no for an answer. Scammers will try to get you to “donate” in cash, gift cards, cryptocurrency, or wire transfers. No legitimate charities will steer you towards those donation methods.
How do charity scams work?
Most charity scams are imposter scams. They start with someone reaching out claiming to be a representative of a charity. Fraudsters may reach out via the phone, email, or text, and may even visit your home unannounced looking to raise money for a scam cause. Be particularly careful with door-to-door charity solicitation.
Unlike a real charity, scammers will avoid questions about the charity, or how the money will be used. The scammer may also lie, claiming that you already pledged money to the charity and that they are following up. By the time you’ve “donated,” the scammer has your money and likely your personal information too.
How do I spot a charity scam?
Trust your gut. If something feels off, it probably is.
If you paid a scammer with a gift card, wire transfer, credit or debit card, or cryptocurrency, contact the company or your bank immediately. You should also frequently monitor your accounts and your credit report in case the scammers stole your identity in addition to your money.
