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.
Scenario 1. 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.
Scenario 2. Scammers ask consumers to submit a payment to Associated Publishers Network (APN) – a renewal subscription “business” claiming an address in Las Vegas. Victims receive a renewal notice and write the check. What happens after is they wait for a response but the renewal of their subscription goes nowhere. When contacting the magazine they are told they have no working relationship with APN. The victims then go to the next step, calling the renewal company, which most likely doesn't have a person taking live calls. Several complaints across North America reported that calls and emails are most frequently not acknowledged. Which leads, indeed, to a victim losing his/her money.
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. Examine every magazine subscription very closely.
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