Scammers' favorite payment methods

March 8, 2017

Avoid scams by recognizing scammers’ favorite payment methods.

Fraud can be difficult to detect, but recognizing payment methods used regularly in scams can help you spot signs of a potential problem.

Scammers, including those in faraway locations, often request payment using one or more of the following methods:

• Wire or money transfers,
• Prepaid money cards, or
• Gift cards

Scammers often choose these payment methods because once they receive the money, it is virtually impossible for consumers to trace or reverse the charges.