Scammers will often use persuasion techniques like pretending to be a legitimate business and using local area codes to build trust and familiarity. Or they make time-sensitive claims to increase urgency. Some letters use images of money or prizes and even pictures of past “winners” smiling and happy. Others are much more direct with legal-sounding text, to also create the perception of a legitimate company.
People are generally most vulnerable in situations such as a sudden loss of regular income or in the case of impending retirement that have inadequate savings, are going to be prime targets for scammers. Below is a list of popular scams we have often come accross.