ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Fraudsters Call Subscribers Promising Heavy Discounts in the Ongoing TV Subscription Scams

Customers should be suspicious of anyone requesting a specific form of payment, or personal information such as usernames and passwords.
PUBLISHED AUG 5, 2023
Image Source: Central TV
Image Source: Central TV

In an era dominated by digital streaming services, cable TV subscriptions remain a popular choice for millions of households seeking a diverse array of entertainment options. However, amidst the convenience and wide-ranging content, a disturbing trend has emerged – the cable TV subscription scam. As people pay a considerable sum for the cable TV subscription they are easily lured by calls that promise a good discount in price. Most of these callers make an upfront offer, mostly to elderly people, and the transaction has to be completed on an immediate basis to avail of the fake offer. Therein lies the whole catch. A lot of scams have been reported where the users were caught unawares. 

Mark Mechum, a resident of Annville in Lebanon County, received a call claiming to be from Comcast. The caller reached out to him with an enticing offer, claiming to provide all of his current services for a red-hot price of $79.99 for a month. To get this offer, Mechum had to pay six months of his bill in advance using a $480 Target gift card.  After purchasing the gift card, he called the scammers and naively provided them with the card's numbers on the back.

As the scammers demanded yet another gift card, Mechum realized that he had become a victim of a scam and the $480 he had spent on the gift card was gone, reports WGAL.

Image Source: ISTOCK/RODRIGUEZ1
Image Source: ISTOCK/RODRIGUEZ1

Reason for cable TV subscription scam

There are suspicions that the recent surge in cable TV subscription scams might be linked to Comcast's recent nearly 4% price hike. Scammers seem to be capitalizing on this information, targeting customers who are looking to lower their cable bills with fraudulent offers.

After reaching out to Comcast, News 8 received confirmation about the existence of the scam. The company emphasized that if customers come across any suspicious activity or suspect a potential scam, they should promptly get in touch with Comcast to verify the authenticity of the call.



 

Statement of Comcast

"If customers suspect a potential scam or anything suspicious, they should contact Comcast immediately to verify the legitimacy of the request. Customers should be suspicious of anyone requesting a specific form of payment, or personal information such as usernames, passwords, account numbers, or any other personal data. Customers can report alleged scams to our Comcast Security Assurance team, which is a dedicated group of security professionals, at abuse@comcast.net. Or, for additional support, customers also can contact us at https://internetsecurity.xfinity.com/help/report-abuse or 1-800-565-4329.

How do you protect yourself from such scams? 

1. Be cautious of unexpected calls offering lower payments or immediate payment demands.

2. Request written offer details before taking any action.

3. Avoid making payments through gift cards, wire transfers, or unusual methods.

4. Independently verify your provider's customer service line and report any suspicious outreach.

5. Never share account details or passwords over the phone.

6. Identity through an official contact number obtained independently.

7. Check your monthly statements for any promised discounts after unsolicited calls, and don't assume they took effect automatically.

8. Consider setting up an account password or security question with your provider for added protection.

So, Be aware and keep your eyes open!

MORE ON MARKET REALIST
Harvey knew the answer wouldn't be on the board as he had some first hand experience.
32 minutes ago
The guest, who knew about the artist's popularity, didn't expect to get a five-figure appraisal.
19 hours ago
New tariffs will follow immediately if the court voids current ones.
23 hours ago
Harvey was sure the answer was too weak as he knew women well enough.
1 day ago
The economist warned that the mounting debt, interest payments could push the U.S. into depression.
1 day ago
As per disclosures, Trump bought $2 million in bonds days before the announcement of a $82.7bn deal.
1 day ago
Harvey jokingly whispered to the contestant how she got it wrong.
1 day ago
While the player claimed he was covering for his family, Harvey wasn't convinced.
2 days ago
About 1.5 million subscribers were affected by the seven-hour-long outage.
4 days ago
The country in Trump's crosshairs accounts for roughly 4% of the global oil production.
4 days ago
Harvey made the joke at the risk of landing in trouble at home.
4 days ago
Harvey simply said "My Man!" as soon as he heard the player's response.
5 days ago
As president Trump pushes for measures to acquire the island, new poll shows Americans aren't sure.
5 days ago
Trump said starting Feb. 1, his administration will block funds, but he didn't provide specifics.
5 days ago
Harvey did not like the opinion about men that he heard from Maria.
5 days ago
Harvey didn't hold back and even went on to name some of the top celebrities.
6 days ago
Senior editor Charles C.W. Cooke said the cap could destroy the GOP's chances in the midterms
6 days ago
The proposed bill aims to tackle healthcare costs, and cut the federal deficit by $1 trillion.
6 days ago
As ACA benefits expire, the president claimed his framework would reduce drug prices dramatically.
6 days ago
Harvey could not believe that the contestant could say that with her family around.
6 days ago