3 Ways A SEC Whistleblower May Prevent Lottery Scams

Personally speaking, I do not see any reason to take part in a lottery. It seems like a waste of money that can be best brought into other investments; this doesn’t necessarily mean that I fail to see why others would enjoy them. The idea of winning money is an attractive one, after all. However, this could eventually lead to a case known as lottery fraud. This can be avoided, though, as long as the right level of care is taken by an SEC whistleblower.

You may be curious as to what, exactly, lottery fraud entails. For those who would care for information, it’s important to understand that an individual may be given a message – this can be done through various platforms, digital or otherwise – essentially telling them that they have come up big in a lottery. This may have not even been entered in, though, and this should immediate raise suspicions, according to authorities the likes of Whistleblowers Against Fraud. To prevent this type of fraud, here are 3 steps that an SEC whistleblower may tell you to follow.

Common sense is the first point to consider, as far as lottery scams are concerned. Unsolicited phone calls should be dealt with accordingly, whether its through avoidance of said calls or what have you. Money is a subject that’s understandably approached with delicacy intact. After all, no one wants to give out their personal information over the phone, since they do not know what the person on the other side of the conversation may actually do with it.

Maybe you will be tasked with the responsibility of cashing in a lottery ticket that isn’t yours. What this does, or what it should do, is elevate concerns that much more. The reason for this is because the ticket in question may not be entirely authentic, meaning that you may find yourself in legal trouble if you try to cash it yourself. If this opportunity is presented to you, then, it goes without saying that you should decline as soon as possible.

If you truly want to avoid becoming the victim of a lottery scam, you should try to avoid any terms that may come across as disingenuous. One of the most frequently used is “guaranteed,” which is a pretty empty word when you think about it. After all, why should an offer have this term when it should be able to offer what it claims to begin with? Warning signs like this are common in lottery scams and they are the ones to focus on as well.

Consult Whistleblowers Against Fraud in case you’d care to know what an SEC whistleblower may do for you.. This article, 3 Ways A SEC Whistleblower May Prevent Lottery Scams has free reprint rights.