A reported $40 to $50B are lost to fraud annually But what happens when you’ve become a victim?
What seems like a local scam has allegedly cost four Rio Grande Valley residents tens of thousands of dollars.
They told FOX 2 a man and a woman disguising themselves as good samaritans have been taking off with their money.
One victim says she sold her vehicle for nearly $14,000, a check that was returned with a closed account status just days later.
Apparently this scamming couple promises to help cash-strapped people with their debt but in reality they inflict the opposite.
So how much are we talking about? According to the victims, nearly $50,000 although they may not see that money again. They want to warn the community about this duo.
According to a fraud prevention website to prevent this from happening always ask questions, be mindful of unusual generosity and even missing or incomplete documents.
The McAllen Police Department is currently investigating these complaints and you should do the same if this happens to you.
A good rule of thumb is if it’s too good to be true, it probably is.