We’ve all seen coin boxes to help a needy child or an abused animal, but some of these are far from charitable.
Who Is It Targeting: Consumers who enter places of business
What Is It: Coin giving boxes that claim to help a charity
What Are They After: A lot of businesses have boxes or jars on their counters, strategically located near the cash register, where generous customers can throw in some coins to help a chronically ill child or an abused animal. Unfortunately, police have now found a number of these boxes in Montgomery County, MD, that are actually nothing more than for-profit scams.
How Can You Avoid It:
- Your generosity will be far more effective if you research the cause you wish to support and mail a tax-deductible donation.
- Not only are the coin boxes barely effective sources of funding, there’s very little proof that the money actually makes its way to the charity it claims to represent.
- You can investigate charities online through the BBB Wise Giving Alliance and select organizations that have high standards for legitimate work with your funds.
For full details of this scam check out this article from Patch.com
How much information are you putting out there? It’s probably too much. We are here to help you stop sharing Too Much Information. Sign up for the TMI Weekly.