June 1 marks the start of hurricane season in the Northern Atlantic. Some years are incredibly active like 2017. By comparison, 2013 had no hurricanes make landfall at all. While there were several tropical storms, none developed into full blown hurricanes. The names for the storms in 2019 have already been established, and the first few will be called:
- Andrea
- Barry
- Chantal
- Dorian
- Erin
- Fernand
On today’s show we’re talking about the kinds of fraudsters that crawl out of the woodwork whenever a natural disaster strikes. This can be an earthquake, a hurricane, a tornado, any major natural disaster.
There are numerous scams out there. Some of them target unsuspecting property owners. Others target assistance programs and insurance companies. These are the top 5.
While many individuals respond to natural disasters with kindness and generosity – opening their hearts and their wallets to those in need, providing aid and assistance when it is needed most – some unscrupulous individuals will take advantage of the situation to line their own pockets through fraud.
Here are the top 5:
1) Benefits Fraud
2) Charities Fraud
3) Cyber Scams
4) Loan Modification Scam
5) Repair Scam
