< New twist on debt collection scams - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

New twist on debt collection scams

The Better Business Bureau is reporting that debt collection scammers are getting more creative in their efforts to rob cash from their victims.

A new twist on the scam is collecting on cash advances in which victims receive automated calls from companies claiming to be collecting payment for a cash advance. The recording prompts listeners to stay on the line and speak to an agent where the tone of the call often turns threatening.

Read more at BBB

This article is summarized by Canadian Fraud News Inc.