We’re nearly halfway through Fraud Prevention Month! Recently we’ve had a few calls about the “Yellow Pages Scam.” Keep reading and we’ll show you how to spot this type of fraud so you, and your business, won’t be a victim.
What does the scam look like?
A legitimate-looking invoice will cross your desk that appears to be from the Yellow Pages. It probably features the familiar “walking fingers” brand and includes your business name and address. The wording on the invoice is pretty direct, saying something to the effect of: “if you don’t make a payment within a limited time period, your ad will be deleted.”
How does the scam work?
The scam appeals to your reason, making you think the invoice is coming from the Yellow Pages. You feel that your business’s advertising is at risk if you don’t make a payment immediately. The scammer isn’t actually Yellow Pages at all, but a fraudster out to get money.
Tips to protect your business from being a victim of the Yellow Pages Scam:
- Spread the word. Share information about this scam with your colleagues and friends, helping them learn to spot this type of fraud.
- Spot the signs. Look for variations of the Yellow Pages logo and foreign addresses on the invoice. Also, Yellow Pages doesn’t solicit by fax.
- Contact the company directly. If you receive an unexpected invoice, call the company up using information sourced directly through a phone book or on their website (not from the invoice).
- Be cautious of high-pressure sales tactics. Never feel pressured to make a snap decision or payment. Report intimidating calls or emails to your supervisor.
- Know where to go for help. If you’ve been a victim of the Yellow Pages Scam, consider making a report to the Canadian Anti-Fraud Centre.
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