If I had to make a confident prediction for 2024, I wouldn’t say a word about the markets or inflation. I would be pretty sure that there will be more robocall scams.
Although this is not a scientific sampling, I can tell you the volume of robocalls just on my phone alone has skyrocketed. It’s everything from appliance warranties to Medicare Advantage plans. And they call all the time. Many robocallers are cyberthieves, though, who are reading scripts to steal your personal information.
Scamsters count on people picking up and giving out personal financial information. Then they can steal money or use information for identity theft. The sheer volume of this thievery is mind boggling.
According to Robokiller, “consumers received an average of 145,612,964 robocalls per day in November, 2023, alone. With this kind of scam volume, consumers need to know how to identify theft versus fraud.”