Warning signs of Charity Scams

1. Warning signs of Charity Scams Summary: Charity scams have become more common nowadays. People frequently get calls from some random organization asking for donations. Unfortunately, these frauds are increasing day by day. Here, you will get to learn more about fake charities. In Charity scams, the scammers approach the donors and ask for donations to a charity that doesn't even exist. Usually, a person or a group poses as though they are from a charity and ask the potential donors to contribute their money to the charity, while the charitable organization is not even present in reality. Working of the Charity Scam: ● The fake charities take advantage of your generosity and compassion for needy people, and these tricksters take away your money by representing a charity. You not only lose the money, but your intent to donate too is lost as it never reaches the intended charities. These fake charities always approach the donors and take the form of a charity after natural disasters or emergencies such as floods, cyclones, earthquakes, etc. ● These scammers usually create their charity names or show themselves as well-known charity representatives. It can be the names of charities that actually do the medical research or support the people suffering from various diseases. These tricksters may also show themselves as people who need donations for medical assistance or for other reasons. ● They might also take your emotions for granted by falsely claiming that they would like to help the children suffering from illnesses. ● False charities function in various ways. They may approach you on the street or at your front door in the form of people gathering money. Tricksters may also create fake websites that appear similar to actual charities. Some tricksters might even call or email you for a donation request.

2. Red flags of a charity scam: There are several red flags mentioned below that help you identify charity scams. 1. If a person asks you to pay money in cash, wire transfer, or gift cards, please do not acknowledge that. It might be a scam. You will not be able to recover money paid in cash or gift card once it's paid. Remember to always donate money through a cheque or credit card. 2. Never provide your personal information, such as your email id, bank account number, etc., to unknown persons. They may use it for other illegal purposes. 3. These cheats may copy the name, phone number, web page, or materials of an actual charity. Do not trust the contact information that a caller directly shares with you. Most of the charity website addresses end with .org and not.com. Kindly only consider the web addresses that end in a series of numbers. Unless you’ve researched the charitable website and have ensured accuracy and legitimacy, please do not provide your personal information, such as your date of birth or bank account details to anyone. 4. The tricksters may even pressurize you to donate the money immediately. Please do not fall under their pressure. Ask the organization to send the materials to you first. Remember to always take your time and research the organization you are yet to learn about, before providing them with your personal information. 5. Beware of the organizations that refuse to provide detailed information about their mission statement, operating costs, and how the collected donations would be used. Conclusion: People must know about the warning signs to charity scams. It could also assist in protecting themselves from these scams. If you have already lost money to such sources then do not panic. Experts at Morgan Financial Recovery can assist you in recovering your money lost in the Charities scam.