Paying your utility bill each month is likely a standard habit you’ve worked into your monthly budgeting and accounting processes. So, it would likely throw you off if you received a call from “your electric company” stating they haven’t received payment for months and you’re in danger of having all utilities turned off immediately unless you settle the bill. Enter the utility scam. The scam typically begins with an unexpected phone call; the phone call aspect is hazardous, as it allows scammers to operate on a larger scale, often from overseas, making it more challenging to trace and stop them. This call is compelling because they represent themselves as being from your local utility company due to internet search and geolocating. Here are signs to indicate that you are being targeted by a utility scam and tips to avoid and report. Stay alert and vigilant: Sense of Urgency. Scammers often threaten to cut off your power immediately, using scare tactics to pressure you into making quick decisions. Scammers are typically impatient and will push you to act immediately so you don’t have time to think, which is a warning sign. Remember, your personal information is your security. Don’t share sensitive information such as your social security number, credit card details, or account passwords unless you are certain you are speaking with the right person. If you’re unsure, hang up and find the official phone number from your energy company using a past bill or online account Money Transfers or Prepaid Cards. These are major red flags that you’re dealing with criminals. Your utility company will not do business like this. They will not ask you to make payments through these methods because they are not secure and can be easily exploited by scammers. Unknown Number. Your utility company will use official documented numbers, likely with call ID. Unknown numbers are a sign that the caller is a fraudster. The biggest thing these scammers have going for them is chaos; they look to create confusion and panic, so you don’t have time to think clearly. It’s always prudent to take a step away and talk with someone who can help you navigate with a clear mind. We hope this information equips you to be aware of potential threats. Please take a moment to share this with anyone you know who may be vulnerable to this type of scam. Your vigilance could protect them from falling victim to these scams. |
The Utility Imposter Scam You Should Be Aware Of
August 26, 2024