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  • The Advocate & Democrat

    TDCI reminds consumers to learn the red flags of 'imposter scams'

    By Special to The Advocate & Democrat,

    21 days ago

    NASHVILLE — The Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division is warning Tennessee consumers about the growing prevalence of so-called “imposter scams” and sharing tips on how investors can protect themselves from losing their personal information or hard-earned money.

    An imposter scam (which is sometimes referred to as “spoofing”) occurs when a scammer pretends to be someone else in order to trick a victim into giving out his or her personal information or money. While impersonation isn’t a new trick, modern scammers and fraudsters are using publicly available information as well as modern technology to cloak their true intentions.

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