The West Virginia Attorney General’s Office has been hosting events all week to help West Virginias stay smart with their money.
Representatives from the office and a local bank were in Philippi Friday for a presentation on identity theft and scam recognition.
The presentation took place at the Barbour County Senior Center.
Presenters said it’s important for people to identify scams because preventing any loss is the most effect way to keep your money in your wallet.
“It’s important to realize it up front, because once you’re caught up in a scam, the odds of getting your money back are next none. So if you recognize it up front and don’t participate in it right then, then you’ve saved your money,” said Daniel Ware, vice president at Premier Financial who led a portion of the presentation.
Ware said the average amount of money lost by scam victims is more than $34,000.