22 Feb '12, 7pm

7 ways you could be scammed

7 ways you could be scammed

You're smart, you're financially savvy, and you'd never fall for one of those get-rich schemes. But that doesn't mean you won't get scammed. It's easy to assume that only the truly gullible are prey for con artists and scammers, but that's not always the case. Take a look at these seven popular scams and learn how to protect yourself — and your wallet. 1. ATM skimming This type of crime has been around for decades, and as technology has improved, so have ways to duplicate ATM cards. Here's one way it works: Criminals attach a device on an ATM that captures information about your account when you swipe your card. At the same time, you're being videotaped or watched by a tiny camera that's hidden near the ATM's keypad. Within a matter of minutes, a thief has your bank account information and your PIN and is able to create a duplicate bankcard and empty your account. To preve...

Full article: http://www.mnn.com/money/personal-finance/stories/7-ways-...

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