Consumer Fraud Prevention

 

Wayarc Consumer Fraud Prevention Policy. 

The Wayarc Consumer Fraud Prevention Policy is designed to provide a robust framework for the protection of consumers against fraudulent activities. Recognizing the importance of safeguarding personal information and financial assets, Wayarc has established a policy that emphasizes prevention, detection, and action in the event of fraud. Consumers are encouraged to remain vigilant and report any suspicious activities or inconsistencies in their financial statements or personal information promptly.

To ensure consumers are well-informed, Wayarc commits to providing clear and accessible information on the types of fraud that can occur and the signs to watch for. In the case of suspected fraud, consumers can place a fraud alert on their credit reports by contacting any one of the three national credit bureaus, which is then obliged to inform the other two. A standard fraud alert lasts one year and can be renewed for free, while victims of identity theft are entitled to an extended fraud alert that lasts for seven years.

Furthermore, Wayarc pledges to maintain stringent security measures to prevent unauthorized access to consumer data and to implement cutting-edge technology to monitor transactions for fraudulent patterns. In partnership with consumers, Wayarc aims to create a secure environment where personal and financial information is protected to the highest degree.

Education is also a cornerstone of the Wayarc Consumer Fraud Alerts Policy. Through regular updates and educational materials, Wayarc will keep consumers informed about new types of fraud and scams, as well as provide tips on how to protect themselves. Additionally, Wayarc will offer resources for consumers to understand their rights and the steps they can take to fortify their personal data against fraud.

In the unfortunate event of fraud, Wayarc assures a swift and decisive response. The policy outlines the procedures for reporting fraud, including immediate steps consumers can take to minimize damage, such as contacting financial institutions to block or close compromised accounts. Wayarc also promises to work closely with law enforcement and credit bureaus to investigate and resolve any incidents of fraud effectively.

Wayarc's Consumer Fraud Alerts Policy is a testament to the company's commitment to consumer protection and trust. By fostering a proactive approach to fraud prevention and offering a clear course of action for when fraud is detected, Wayarc demonstrates its dedication to ensuring that consumers can engage with their services with confidence and peace of mind.

Online Orders: Protect Yourself from Scams

With an international company such as WAYARC, brand abuse is inevitable. If you received an order confirmation email from WAYARC but you did not place an order, it may be a phishing scam attempting to gather information or, in some cases, spread malware.

Signs of Fraud:

  • The recipient may not have placed a Wayarc.com order.
  • The message contains very poor grammar.
  • There is no order number or details about the order. A legitimate order confirmation email includes order details without requiring you to click on any links. It also specifies the shipping location and payment method.
  • The sender’s email address is not from an @wayarc.com domain. Hover over the “from” line in the email to view the embedded address.
  • There may be multiple emails listed in the “to” line or “undisclosed recipients.”

How to Protect Yourself:

  1. Verify Your Order:
    • If you actually placed an order and are suspicious about the email you received, log onto your Wayarc.com account to check your order status. Avoid clicking on any links within the email claiming to take you to your account.
  2. Keep Software Updated:
    • Regularly update your virus protection software on all your computers to prevent malware infections.
  3. Report Fraud:
    • If you were a victim of fraud, file a report with your local law enforcement agency and the Federal Trade Commission (FTC).

Protect Yourself from Scams: IRS and FTC Alerts

Government Impostor Scam:

  • Scammers pretend to be government officials, promising lottery winnings or threatening arrest or lawsuits.
  • Their goal: to get you to send them money.
  • IRS Scam: During tax season, scammers claim to be from the IRS, demanding payment via prepaid cards or gift cards.
  • Reality: The IRS contacts people by mail, not phone, about unpaid taxes. They won’t ask for payment via prepaid cards or credit card numbers over the phone.

Common Tactics Used by Fraudsters:

  • Fake IRS badge numbers and common names.
  • Knowledge of victims’ Social Security Numbers.
  • Manipulating caller ID to appear as the IRS.
  • Sending bogus IRS emails.

What You Need to Know:

  • If you owe taxes, call the IRS directly at 800-829-1040.
  • If you don’t owe taxes, report incidents to the Treasury Inspector General for Tax Administration at 800-366-4484.
  • Report complaints to the Federal Trade Commission.

How to Protect Yourself:

  • Be alert for phone and email scams using the IRS name or other government agencies.
  • The IRS never requests personal or financial info via email, text, or social media.
  • Forward scam emails to phishing@irs.gov without opening attachments or clicking links.