1. Prize Scams
Clarissa Nuñez

2. Prize Scams How does it work?
A person receives a notification of winning a prize
The person will be asked to pay to receive their “prize”
The scammer will collect the money the person paid or collect money from a phone number the person has to call
The scammer will also try to collect personal information, including bank account information, to sell the information or steal money from the bank account
The scammer will keep the money and the person will most likely not receive the prize

3. Prize Scams Who is the target?
Though prize scams target all people, prize scammers mainly target the elderly
One couple, who scammed the elderly, took nearly $900,000 from the older people who fell for the scam

4. Prize Scams What makes it believable?
The scammers will say they are from a legitimate organization
The scammers use technology that makes the phone calls seem like they come from area codes where official organizations are located

5. Prize Scams How to recognize the scam
When you receive a call that you’ve won something you didn’t sign up for, it is most likely a scam
When asked to pay to receive a prize, it is a SCAM– you do not have to pay for a prize!
When asked to pay taxes on the prize, it is a scam
If something doesn’t seem right when winning a prize, look into it to make sure it isn’t a scam

6. Prize Scams Prize Scam Statistics (as of September 2015)
There has been a loss of $44,605 in prize scams
There has been 297 reports of prize scams
There is a higher percentage of woman than men who have been scammed
Mostly seniors are targeted and affected from prize scams

7. Works Cited Information
winnings/unexpected-prize-lottery-scams
sweepstakes-fraud
Pictures
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