Unfortunately, as technology continues to advance, so do the methods used by criminals via email or text messages to steal our personal information, financial assets, and our peace of mind.
Scammers are constantly adapting their tactics, making it crucial to stay informed about the latest email scams. Here are some of the most prevalent ones to watch out for in 2024:
1. Tax Scams:
- “Third Round of Economic Impact Payments” Scam: This email claims you’re due a refund of $976 related to the stimulus package, but it uses a fake IRS logo and a phishing link to steal your information.
- “New Client” Scams Targeting Tax Professionals: Scammers impersonate potential clients seeking tax help, aiming to gain access to sensitive data or inject malware through malicious links.
- Impersonation of Tax Authorities: Emails claiming you owe taxes or have inconsistencies in your return often use urgency and threats to pressure you into clicking on phishing links.
2. Fake Delivery Notifications:
- Parcel Delivery Scams: Emails claiming missed deliveries or requiring additional fees often contain tracking numbers that lead to phishing websites or malware downloads.
3. Government Impersonation Scams:
- Fake Government Account Takeover: Scammers impersonate government agencies like the IRS or Social Security Administration, urging you to update your information through phishing links.
4. Investment Scams:
- Deepfakes and AI-Generated Content: Scammers use deepfakes of celebrities or AI-generated content to promote fraudulent investment opportunities.
5. Two-Factor Authentication (2FA) Scams:
- Fake 2FA Requests: Scammers send emails pretending to be financial institutions or online services, requesting you to verify your 2FA code through a phishing link.
General Tips to Avoid Email Scams:
- Be wary of unsolicited emails, even if they appear legitimate.
- Never click on links or open attachments from unknown senders.
- Verify the sender’s identity by contacting the organization directly through a trusted website or phone number.
- Don’t be pressured into taking immediate action.
- Report suspicious emails to the appropriate authorities.
- Keep your software and antivirus up to date.
- By staying informed and exercising caution, you can protect yourself from these and other email scams.
Please comment or send an email if you have any questions. Thanks!
Joe Baker, CFP®
Baker Asset Management, LLC
joebaker@bakerassemanagement.com
