Do your Research Before Making Donations to Victims' Family Funds.
Better Business Bureau is alerting consumers to reports of phony charity solicitations, supposedly on behalf of the families of victims of the Sandy Hook school shooting in Newtown, CT on Friday.
BBB recommends donors avoid giving to charities or funds through unsolicited phone calls, emails, texts or social media appeals. Charity scammers strike after natural catastrophes such as hurricanes, floods and earthquakes, as well as tragedies such as the Colorado theater shootings and now the Newtown school massacre.
BBB urges donors to:
– Do your homework: Always research a charity at the Better Business Bureau's Wise Giving Alliance website, www.give.org before donating money.
– Select a charity yourself: Charity cheats will use every method at their disposal to reach out to generous Americans in times of tragedy. However, rather than replying to a charity appeal, BBB recommends choosing a well-known charity or one that has been endorsed by local or state authorities in the aftermath of a tragedy.
– Contact charities directly: Never click on links to charities on unfamiliar websites or in texts or emails. These may take you to a lookalike website where you will be asked to provide financial information, or download harmful malware into your computer.
Donors may contribute to a victims' family fund through a collaborative effort between The United Way and Newtown Savings Bank.
Donations may be sent to:
Sandy Hook School Support Fund
c/o Newtown Savings Banks
39 Main Street
Newtown, CT 06470.
If you are unsure if a solicitation for donations is legitimate or not, please contact your Better Business Bureau at 509-455-4200 or email firstname.lastname@example.org
Members of the armed services can be deployed on short notice, leaving little time to address their personal or business affairs. Insurance coverage is often affected when someone moves out of state or spends an extended period of time away from home. Upon retirement and reenlistment, members of the military are often targets for securities fraud and salespeople pushing high-priced, inappropriate investments.
Protect yourself and your family by taking a few moments to read the Financial Field Manual
, a special publication from the Commissioner's office in partnership with the Investor Protection Trust. The Financial Field Manual provides valuable tips for saving money, investing wisely, and accessing the wide range of financial benefits offered to servicemen and women.
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