Online Threat Alerts (OTA) - Alerting you to scams and frauds.

Fast Paced Scam - What is it and How to Protect Yourself
Fast Paced Scam - What is it and How to Protect Yourself

A fast-paced scam relies on high pressure and quick action to steal your money before you have time to think.

How The Scam Work

  • Fake Urgency: Scammers claim your bank account is locked right now.
  • Immediate Action: They force you to stay on the phone while you move money.
  • No Thinking Time: They yell or scare you so you cannot call a friend for advice.
  • Quick Payment: They demand gift cards, wire transfers, or cryptocurrency.

Examples of the Scam

  • The Grandparent Scam: Someone pretends to be your grandchild in jail needing bail money immediately.
  • The Tech Support Scam: A loud pop-up says your computer has a virus and will crash in two minutes.
  • The IRS/Police Scam: A caller says cops are coming to arrest you today unless you pay a fine.

How to Stay Safe

  • Hang Up: Stop the conversation immediately if you feel rushed.
  • Slow Down: Take five minutes to breathe and think clearly.
  • Verify First: Call your bank or family member using a trusted number you find yourself.
  • Never Buy Cards: Real businesses and governments will never ask for gift cards.
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