Get-rich-quick scheme uses “Deepfake” technology to impersonate celebrities, politicians, business leaders

July 25, 2022

Rockford, IL – July 20, 2022 – New technology makes it nearly impossible to tell fake video or audio clips from real ones. The Deepfake technology creates fake videos and photos and can even edit verbal messages. As the software used to create these “deepfakes” becomes more widespread, scammers will use it to their advantage to steal money and sensitive information. Fake ads and endorsements are common on the internet, but now scammers with the proper technology can create an altered message making a video endorsement look real. 
“Seeing is no longer believing when it comes to what you may be viewing or hearing on the internet,“ says Dennis Horton, director of the Rockford Regional Office of the Better Business Bureau. Click here to continue reading.

How to Protect Yourself against Zelle Scams

July 14, 2022

Zelle is the latest tech to be targeted by scammers. As with anything that is widely used, scammers have latched onto the tech and are targeting consumers. Here’s what you should know.

The Basics

Zelle is a popular person-to-person payment service because it has the backing of major banks and hundreds of credit unions. It works similar to many payment apps — you log into your bank or credit union account and send money by entering the recipient’s phone number or email address. Click the Title to learn how to protect yourself.

Fraudsters Fire Up Fear Factor on Money and ID Thefts

July 1, 2022

Law Enforcement Impostors text/email altered police badges to trick victims
Rockford, IL – June 30, 2022 – Scammers are impersonating both local and national law enforcement officers to increase threat levels to steal your money and identity. Better Business Bureau says to watch out for a new twist in these scams. Con artists are using doctored images online of “police badges” and other fake but “official-looking” credentials to gain your trust.
“This new trick makes the con artist more believable,” says Dennis Horton, director of the Rockford Regional Office of the Better Business Bureau. “It can take people off guard as an extra scare tactic. Fear can cloud judgment, and it’s easy to think it’s important to follow instructions because it’s the police.”
How the scam works. Click on title to read complete article.