What are the latest scams going on?

The Latest Scams You Need to Be Aware of in 2021

• Coronavirus, Vaccine and Government Program Scams.
• Phone-Related Scams.
• Cryptocurrency Scams.
• Romance Scams.
• Online Purchase Scams.
• Employment Scams.
• Travel Scams.
• Basic Steps to Avoid Getting Scammed.

What are the scams in 2021?

According to the Federal Trade Commission (FTC), these are the 5 most common scams in 2021.

1. Phishing Scams.
2. Fake Government Agency Scams.
3. Other Phone Scams.
4. Tech Support Scams.
5. Fake Online Stores.

What are typical examples of CEO scams?

Top Four Attack Methods

• Phishing. Phishing emails are sent to large numbers of users simultaneously in an attempt to “fish” sensitive information by posing as reputable sources—often with legitimate-looking logos attached.
• Spear Phishing. This is a much more focused form of phishing.
• Executive Whaling.
• Social Engineering.

Can you deduct stolen money your taxes?

As of January 1, 2018, no longer can a taxpayer deduct theft on his taxes, unless it was due to a federally declared disaster. Unless further changes are made before that time, the law will again allow for tax write-offs from theft starting January 1, 2026.

Is being scammed tax deductible?

If you can show that the scam constitutes a theft under state law, then the loss becomes deductible as an ordinary loss. The loss is claimed in the year in which the theft is discovered; the amount of the loss must be reduced by any recoupment (e.g., a loss-protection arrangement, SIPC insurance).

How can you tell a phishing email?

7 Ways to Spot Phishing Email

1. Emails with Bad Grammar and Spelling Mistakes.
2. Emails with an Unfamiliar Greeting or Salutation.
3. Inconsistencies in Email Addresses, Links & Domain Names.
4. Suspicious Attachments.
5. Emails Requesting Login Credentials, Payment Information or Sensitive Data.
6. Too Good to Be True Emails.