Don't Fall for These Costly Olympics-Related Scams

consumer
February 15, 2018Feb 15, 2018

Every two years the world stops and watches as nations from across the globe come together in a friendly competition. This year, the 2018 Winter Olympic Games are in full swing in South Korea.

Millions of people from around the globe enjoy the games. Some people even travel thousands of miles to attend the festivities in person. With all the excitement, police are warning everyone to use some caution.

Apparently, numerous scams have been going around that have involved the Olympics. Police are now trying to spread the word about this clever scams so that people will not fall for the costly tricks of the criminals running them. According to reports, a few main scams are targeting fans.

https://twitter.com/ConsumerReports/status/962106336153624576

"Victims report receiving an email appearing to be from the United States Olympic Committee that offers to pay $350 a week if they display Olympic-related decorations on their car. Victims who respond are sent a check that is for more than $350, and they are instructed to deposit it in their account and wire transfer the excess funds. The checks, however, are counterfeit and are eventually rejected by your bank, but the wire transfer likely was already processed," wrote one reporter.

Another report is called the "2018 Olympic Online Lottery Promotion" and it's costing people big bucks.

https://twitter.com/SolarPrepper/status/962184789544656896

https://twitter.com/OfficialScamCop/status/963598005986385922

"This scam involves an email saying the recipient has won cash and a trip to South Korea through the "Olympic Lottery" (no such thing). Often the emails are made to look like they're from an official Olympic sponsor, like McDonald's or Coca-Cola. The email will instruct the recipient to pay taxes on the prize by wiring funds. Sadly, the victim never gets a prize from the fake Olympic Lottery, and they're out their hard-earned money," according to Patch.com.

Police are also urging consumers to be on the lookout for fake merchandise that is being sold as official Olympic merchandise. Always make sure to double check before purchasing products online or in the mail.

What do you think about this? Let us know your thoughts. Be sure to read our breaking news article about the famous Olympic athlete who just broke his neck in an event at the 2018 Winter Games.

Next: Snowboarder Crashes During Winter Olympic Games, Breaks NeckFeb 16, 2018