If you have a sign in your front yard warning burglars that you have a home alarm system in place, you could be attracting a new breed of scammer. Thats the warning from the consumer watchdogs at Consumer Reports, who say scammers look for signs of existing installations, especially older-looking signs, then strike with one of two approaches:
The fact is that legitimate home security system companies never simply send a repairman unannounced to your door. Even if they telephone first, call them back to confirm. Similarly, if your monitoring company had gone out of business, you would have been notified by mail, not by telephone and certainly not by someone simply showing up.
Security experts say you can protect against these scams by taking the following steps:
Most importantly, remember that the FTCs cooling-off rule gives you three business days to cancel the deal if you sign the contract at home. You do not have to give a reason and you can change your mind even if the equipment has already been installed.
Published with permission from RISMedia.