RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Beware the Grinch: Don't Fall for Seasonal Scams

November 17, 2015 12:57 am

Holiday scammers will be out in full force now that giving season is approaching—and unfortunately, according to a recent report by the AARP, many are unaware of the warning signs. In fact, 70 percent of those surveyed for the report incorrectly answered questions pertaining to some of the most common seasonal scams, including those related to charitable giving and gift cards.

“While most of us focus on family and friends during the holidays, fraudsters are zeroing in on our wallets and bank accounts,” says AARP Chief Advocacy & Engagement Officer Nancy LeaMond. “We’re encouraging consumers to elevate their awareness of some emerging and popular scams, and to also share the information with their families to help keep them safe this holiday season.”

Last year, Americans gave $358 billion dollars to charity, according to the National Philanthropic Trust. Government officials who regulate charities and fundraisers say that while most charities are legitimate, there are many fundraisers, especially telemarketers, who keep 85-90 percent of the money they raise. 

According to the AARP report, 70 percent of those who donated to a charity or fundraiser in the past 12 months did so without asking any questions about how that donation would be spent, and 60 percent made donations without verifying the charity groups were legally authorized to raise money in their state.

To ensure your donation goes to its intended recipient, keep in mind that in most states, professional fundraisers must be registered with the Office of the State Secretary, and also report how much they raise and how much goes to the charitable purpose.

Additionally, just 54 percent of report respondents know that gift cards purchased from a gift rack at a big box store, pharmacy or grocery store are not safer from hackers or thieves than those purchased online. In fact, scammers often visit these locations, secretly write down or electronically scan the numbers off the cards, then check online or call the toll-free number to see if someone has bought the cards and activated them. As soon as a card is active, the scammers drain the funds. By the time you try to use the same card, the money is long gone. 

Nearly two-thirds of holiday shoppers surveyed also say they will buy holiday gifts using a debit card, despite recommendations to the contrary. Remember: with credit cards, you are liable for only up to $50 of fraudulent use. In the case of a lost or stolen debit card, financial losses can be much more significant.

Source: AARP

Published with permission from RISMedia.


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Smart Home Tech a Global Affair

November 17, 2015 12:57 am

Smart home technology has taken root in the U.S. and across several countries—and according to a recent report by international market research firm GfK, many of these countries embrace the technology primarily for its safety applications.

In fact, more than half (55 percent) of countries surveyed by GfK, including the U.S., believe smart home technology’s greatest appeal is “security” and “control.” “Energy” and “lighting” came second, followed by “entertainment,” “connectivity” and “health.”

The research also found, however, that barriers to smart home technology exist, regardless of location. The leading barriers across all countries, U.S. included, are price and privacy concerns—indicative of apprehension over recent data breaches and the overall global economy.

Source: GfK

Published with permission from RISMedia.


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