(20 votes)

Magazine Subscriptions

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How the scam works:

Magazine subscribers oftentimes receive renewal solicitations disguised as bills from scammers. Most of the victims in this case are the seniors.

What scammers do is ask the subscribers for a $59.99 annual renewal (while in reality it should be around $29.99), get the victim to fill out a form and pay. The crooks then take this money, pay the real magazine themselves ($29.99), and pocket the rest. This works for them because the subscribers still receive the magazine.

How to avoid:

Wait for the renewal notice to come along with the magazine and make sure you check the flyer for price (most people just throw it straight in the garbage, since they know they renewed the subscription already). Never take into consideration a solitary request for renewal. The magazine usually sends a form along with the publication when you only have one or two issues left in the subscription.

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