On this week's "Protecting Your Money," Randy Hutchinson, president and CEO of the Better Business Bureau of the Mid-South, warns listeners about the rise in sweepstakes and lottery scams.
He explains how scammers often impersonate legitimate organizations, claiming you've won a big prize—as long as you pay upfront fees or taxes.
Hutchinson shares real examples of how people have been tricked. He outlines red flags to watch for, including winning a prize you never entered, being told a payment is needed to increase your odds, or being asked to provide your financial or personal information.