Ex FBI agent: 2 things you need to know to avoid falling for a money scam

From CNBC, “In 2016, the Federal Trade Commission received almost 1.3 million complaints related to fraud. In those complaints, people reported losing over $744 million to the scammers.

If you do get scammed, law enforcement is unlikely to be able to get those dollars back, retired FBI Special Agent Jerri Williams tells CNBC Make It.

“When it comes to these type of frauds and schemes, in most cases, there is not going to be anybody around who will be able to investigate it,” she says. “When they are investigated, it is for the purpose of convicting and charging the violator, and getting your money back is very seldom a focus.””

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