Latinos in the U.S More Likely to be Targeted by Scams During the Holiday Season
Truecaller provides tips on how Latinos can protect themselves from falling victim to common phone and texting scams during the holidays
WASHINGTON, Dec. 6, 2022 /PRNewswire/ -- Truecaller, the leading global platform for verifying contacts and blocking unwanted calls and text messages is urging Latinos in the U.S to be especially vigilant this holiday season. According to research by the AARP, 3 out of 4 Latinos in the U.S. have fallen victim to scams during the holiday season and the majority of Hispanics in the U.S. do not know how to recognize some of the signs of a scam. This season, Truecaller is identifying the top scams that Latinos should be vigilant for and offering practical tips on how to keep themselves and family safe.
According to Truecaller's Insights 2021 U.S. Spam and Scam Report, conducted in partnership with The Harris Poll, U.S. Hispanics suffered financial loss due to phone scams at a higher rate than the general market. Historically, the holiday season brings an increase in phone scams as scammers prey on the vulnerabilities tied to increased stress during the holidays. During the holiday season, consumer attitudes range from exceptionally generous to very vulnerable during the stresses of holiday planning, travel, and social gatherings. Scammers are very sophisticated social engineers and will use relevant context to target Latinos. Some of the most common scams include:
Following are more tips on how Latino consumers can take on practical steps to protect themselves.
People use Truecaller to stay ahead. It helps them know who's getting in touch, filter out unwanted calls and SMS, and focus on what really matters. The company provides a suite of unique services such as a dialer that offers caller ID, spam detection, messaging and more. Truecaller's mission is to build trust everywhere by making communication safe and efficient. Headquartered in Stockholm, Sweden, the company was founded in 2009 by Alan Mamedi and Nami Zarringhalam. Investors include Sequoia Capital, Atomico and Kleiner Perkins.
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