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AARP Live: Too Good to Be True?

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[male interviewer #1] Bill, thank you for joining us, all the way from California, and—on the town hall meeting. Your comment or question? >> [Bill] Oh, you got me? [male interviewer #1] —you go ahead, Bill. You're on! Absolutely. >> [Bill]Oh cool—it's gonna be me. I'm in Sebastopol, California— and I—half an hour before your show started— got a call from AT&T saying that I had a—had a $200 cash amount. All I had to do is get onto a website. I had already called AT&T to report it and they said that—in their call center that sometimes people get on the internet and front a number and, uh— [male interviewer #1] Wow. >> [Bill] —they used that as their front number. It was an 800-number that seemed to be familiar, um— I've also gotten calls from my hometown in southern California and it seemed like a legitimate call. Someone from the federal government said—or who said they were from the federal government— said that they were going to give me thousands of dollars, but I had to use it morally, which raised my suspicions—[laughter] and, uh, that they needed numbers to directly deposit into the credit card I was going to pay off or the mortgage that I wanted to pay off. [male interviewer #3] Yeah. >> [Eric Schneidewind] You know, the thing there is it's just too good to be true. And you know when you when you get one of those calls what you need to know is that if it's too good to be true, it is too good to be true for one hand. And the second thing is you know, you can't cheat an honest man or woman and if somebody offers you a way to dishonestly make thousands of dollars and you're honest you can just say, you know, "Get off my phone," or whatever because it is too good to be true. [male interviewer #2] But it quickly gets back to what Sarah talked about earlier, right— the strategies of trying to get the—the caller into the ether, right— so they think, "Well you know—" >> [Sarah] "I could use the money." [male interview #2] "I could use a thousand dollars to help pay my mortgage," so— you know, so, that is the moment where you've got to have a strategy to get yourself out of that situation. >> [Sarah] Yeah. >> [male interview #1] All right. And if they are emotionally in some—you know—a loss like you talked about, Eric— >> [Eric Schneidewind] They might be vulnerable. >> [male interviewer #1] They might be vulnerable to saying, "Oh, okay, well somebody's—" >> [Eric Schneidewind] Yeah, just recognize— >> [male interviewer #1] They aren't thinking right. [Eric Schneidewind] —the frame of mind you're in and just realize that you can't afford to take this risk because you're not in a position often to make a good decision. So just, you know, stop it.

Video Details

Duration: 2 minutes and 26 seconds
Country: United States
Language: English
Genre: None
Views: 32
Posted by: aarp on Mar 27, 2014

During our March AARP Live program on RFD-TV, Bill from California shared a warning about a scam that seemed on the up and up, until he was asked to send money in order to get money. As our experts advise, if something sounds too good to be true, it probably is.

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