Currency exchange scam targeting travelers

With the holiday season right around the corner, the Better Business Bureau wants people traveling in and out of the country to be aware of the currency-exchange scam. targeting

So far there have been close to 40 cases reported throughout California and Arizona. The Better Business Bureau (BBB) is concerned that number could rise as holiday travel gets closer, according to Janet Torricellas, the regional director for the BBB in Yuma.

The scammers pose as a reputable currency broker at malls throughout kiosks, Torricellas said.

“They will charge you an amount, you will get it exchanged, but sometimes what they are giving you back is not legitimate,” she said. “You have to make sure what you’re getting in return is real.”

Not only is it important to research your options when looking to exchange your money, but you should also always look for an accredited exchange broker, Torricellas said. For a currency exchange place to be accredited, it has to be officially recognized and authorized from agencies like the BBB.

For a list of accredited places in your area visit here.