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Daily Q&A: What can you tell me about the 'signature scam'?

What can you tell me about the so-called signature scam?

First of all, remember you can't get something for nothing. And this scam could cost you a lot.

The Better Business Bureau is warning consumers about an offer from UBI Payment Services' "Accounting Department" in Singapore. The "scam," the BBB says, is sweeping the nation.

The company offers $5,000 to consumers if they solve a primary school puzzle sent through the mail and sign the document. What the company really wants is your signature.

The BBB says the design is to steal consumer identities.

For more information about the scam, visit: http://ct.bbb.org/article/connecticut-better-business-bureau-issues-alert-about-mailings-from-ubi-pa-14555

Question for the Consumer's Edge? Send it to ipenn@sptimes.com or twitter.com/consumers_edge. Questions are answered only in this daily feature.

Daily Q&A: What can you tell me about the 'signature scam'? 01/19/10 [Last modified: Tuesday, January 19, 2010 3:28pm]
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