This site isn’t fancy, but it’s got a lot of good info on avoiding scams aimed at the laid off.
Most of these schemes are perpetrated by sleezeballs. Of course, whether or not you’re laid off, your own bank isn’t averse to scamming you. I got two bogus checks in one day from a couple banks.
One was from Nationwide (who apparently aren’t really on my side), where I have a money market account, and the other was from one of my credit cards. (Wish I remembered which, but I tore them up so fast I hardly noticed.)
It works like this. They send you a check, in Nationwide’s case it was for about 8 bucks. It looks like free money, except that if you cash it, the 8 bucks actually goes as an installment payment on some kind of credit protection plan or something like that.
On the back of the check you find the fine print which tells you that by cashing the check you’re agreeing to blah blah.
In other words, it’s nothing more than a trick to get you to sign up for something you don’t need and don’t want that makes the bank lots of money. Which is why they’re so eager for you to have it.
Yeah, most of these scams are perpetrated by sleezeballs.
Anyway, Laid Off Guy is doing a good deed.
