Watch Out For Fake Donation Scams

June 10, 2020
hundreds of demonstrators march to protest against police brutality demonstrators march to protest against police brutality and the death of George Floyd, on June 2, 2020 in Washington, DC. Protests continue to be held in cities throughout the country

© Win McNamee / Staff / Getty Images News

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We’re living in a time of unrest with nationwide, and now worldwide, protests in response to the death in Minneapolis, Minnesota of George Floyd while in police custody on May 25th. In the wake of this tragedy, many people have been looking for organizations and non-profits to send their money to including the Minnesota Freedom Fund, a non-profit that raises money to pay criminal bail and immigration bonds for those who do not have the funds to do so. However scammers are jumping on the occasion.  According to the Minnesota Freedom Fund’s Twitter account, scammers have created a fake Minnesota Freedom Fund Venmo account, and people were tricked into giving the fraudulent account money instead of sending money to the authentic Minnesota Freedom Fund. So before you make a donation, you need to do some investigation first. The Federal Trade Commission (FTC) and AARP (formerly the American Association of Retired Persons, but changed its name to AARP in 1999) recommend checking sites like Charity Navigator, BBB Wise Giving Alliance, and CharityWatch to ensure your charity is rated. AARP goes on to remind you to never give your personal and financial information, including anything related to your bank account or your Social Security number, to any organization and to make your monetary donation via credit card instead of cash as it better protects your personal information. With these tactics in place, you’ll hopefully be more well-informed before the next time you donate your money.

SOURCE: Reader's Digest

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