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But it can sometimes be hard to tell if these emails are actually real or if they are trying to trick you. Reader Tara wanted to know how to recognize a scam that involves settlements. She even gave us an example of an email she got.

The question is being asked.

Do fraudsters send emails that lie about giving money from legal cases with many people involved.

The things where information comes from

The Federal Trade Commission, also known as the FTC, is a government organization that enforces laws and regulations related to business practices and protecting consumers.

The Consumer Financial Protection Bureau, or CFPB, is an organization that helps protect consumers when it comes to their finances.

The Better Business Bureau (BBB)

AARP is an organization that helps older people with various services and support.

Melanie McGovern, who speaks for the BBB.

Check the search results that are related to the information mentioned in the email to confirm their accuracy.

The solution

Yes, dishonest people send emails that falsely promise to give money from legal cases.

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Some scammers have often used class action settlements to deceive people into giving away their personal information or money.

The Consumer Financial Protection Bureau said that sometimes scammers appear when many consumers receive money from a settlement.

In 2019, the Federal Trade Commission (FTC) cautioned that individuals were creating fake websites that resembled the real website for an Equifax settlement. At the same time, a cybersecurity company called KnowBe4 gave a warning about an email that looked like it came from Equifax, but was actually a scam email about the settlement.

The Better Business Bureau (BBB) has alerted people that scammers in 2023 have been sending emails and making phone calls, claiming that the victims might be eligible for compensation related to the Camp Lejeune class action lawsuit. The scammers told the victims that they could possibly receive a lot of money, like tens of thousands or even millions of dollars. The criminals tricked people into clicking on harmful links that could damage their devices or steal their personal information. They also asked for an upfront payment before returning the victims’ money.

Scammers sometimes send fake settlement emails that look like class action notices. But there are certain signs that can help you tell if the email is suspicious or harmful. We have confirmed that there are five warning signs, and we used Tara’s email as an example.

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