Charity Scams: Giving Safely in a Digital Age


Charity Scams: Giving Safely in a Digital Age

Imagine watching news coverage of a natural disaster that affects the lives of thousands of people. Then you receive a heartfelt email asking for donations to help the families impacted by the storm. Of course, you want to help! The email looks legitimate, complete with a logo and emotional stories. But there’s a catch—it’s a scam.

It’s normal to want to help those in need. Unfortunately, scammers know this and try to exploit your generosity. To protect yourself and your donations, keep in mind these charity scam red flags and smart giving tips.

Charity Scam Red Flags:

  1. Copycats and lookalikes: Scammers often use similar names and logos of reputable charities when soliciting “donations.”

  2. Unsolicited requests: If you didn’t sign up for an organization’s mailing list, beware of unexpected emails or mailed appeals for donations.

  3. Unclear impact: Scammers might be vague about how they plan to use your donation. Real charities are transparent about their operations and happy to provide information about how they put your gifts into action.

  4. Pressure tactics: Scammers want you to act before you think. Be wary of urgent requests for money.

  5. Unconventional donation methods: Scammers might insist on donations made via cash, wire transfers or gift cards.

  6. No proof of tax deduction: Scammers won’t provide a tax receipt, their Employer Identification Number (EIN) or proof that donations are tax-deductible.

Smart Giving Tips:

  1. Research the charity: Use sites like Candid to verify the organization’s legitimacy. Look for details about the charity’s mission, how donations are used and the charity’s financial status.

  2. Avoid impulse decisions: Be cautious with urgent requests for donations. Take your time to make informed decisions without pressure.

  3. Donate through official channels: Google the charity to make secure contributions directly on their website or contact the organization using their official contact information. Do not use a donation link or contact info from an unsolicited email, text or phone call.

  4. Use secure payment methods: Donate by debit or credit card, rather than cash or wire transfer. Debit and credit cards are more secure and easier to trace.

  5. Do not share personal information: Do not share your bank account details or other personal information with unknown individuals or companies.

  6. Report suspicious activity: If you ever suspect any fraudulent activity or encounter a potential scam, please contact us immediately or visit your nearest F&M Bank office. We’re here to support you.

    Everyone wants to make a positive difference in the world. By putting these tips into action, you can ensure your donations truly reach those in need.