NCL’s Fraud Center
2007 Top 10 Telemarketing Scams
% of Average
Scam complaints Loss
1. Fake Check Scams 58% $3854.78
Consumers paid with phony checks for work or items sold,
instructed to wire money back. These have been the #1
Telemarketing Scam reported two years running.
2. Prizes/Sweepstakes 14% $6,601.40
Requests for payment to claim prizes that never materialize.
3. Advance Fee Loans 5% $1583.02
False promises of business or personal loans, even if credit is
bad, for a fee upfront.
4. Lotteries/Lottery Clubs 3% $8,417.61
Requests for payment to claim lottery winnings or get help to
win, often foreign lotteries.
5. Phishing 2% $149
Calls pretending to be from a well-known source, asking to
confirm personal information.
6. Magazine Sales 1.5% $118.79
Con artists misrepresent cost of subscriptions or pretend to be
the publisher offering renewals.
7. Credit Card Offers 1.5% $292.58
False promises of credit cards, for a fee, even if credit is bad.
8. Scholarships/Grants 1.4% $532.28
Scammers falsely promise to help get scholarships or
government educational grants, for a fee.
9. Buyers Clubs (not travel or lottery) 1% $99.35
Charges for memberships in discount buying clubs consumers
never agreed to join. This is the first time Buyers Clubs have
appeared in the top ten telemarketing list since 2004.
10. Nigerian Money Offers 1% $1,687.50
False promises of riches if consumers pay upfront to transfer
money to their bank accounts. This once popular scam has not
made an appearance in our top ten Telemarketing list since