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Pa. Banking Dept. Shares Tips to Avoid Holiday Financial Scams

 

December 2, 2021



The Pennsylvania Department of Banking and Securities and the Pennsylvania State Police (PSP) are reminding consumers to be vigilant against fraud and scams associated with holiday shopping.

“Every year, we hear reports of consumers conned by fraudsters using sophisticated methods and manipulation to steal holiday joy and money,” said Richard Vague, Secretary of Banking and Securities. “There’s a certain mythology that scams only happen to the elderly or the young, but anyone can get caught up in the tale spun by a scammer.”

Five common scams to watch out for this season include:...



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