Financial Crime World

Common Financial Scams to Watch Out for in Guatemala

As tourism continues to thrive, it’s essential to be aware of the scammers who prey on unsuspecting travelers in Guatemala. This article highlights some common financial scams you might encounter during your travels and provides tips on how to stay safe.

Typical Scams to Avoid

Here are some common tactics used by scammers in Guatemala:

  • The Spilled Ketchup Trick: A team of scammers will create a diversion by spilling something on you, while another accomplice “helps” clean up the mess and steals from your pockets or bags.
  • Help Our Failing School: Be wary of unsolicited requests for donations to schools or organizations claiming to be in financial trouble. It’s likely a scam with no real beneficiaries.
  • Priests: Watch out for individuals dressed as priests who approach you with sob stories, such as needing help to get transportation home due to a family emergency. This is often a ruse to part you from your cash.

Other Common Scams

Be cautious of the following:

  • Entry and Exit Fees: Corrupt officials may demand payment at borders, but insisting on a receipt or offering to pay by card can usually resolve the issue.
  • Fake Police: Locals may dress up as police to scam or extort money from tourists. Always ask for identification and be cautious of requests to hand over your passport.

Additional Tips for Staying Safe in Guatemala

To minimize your risk of falling victim to financial scams, consider these additional tips:

  • Use Cash Instead of Cards: Use cash whenever possible, and keep small bills on you. ATMs in bank lobbies are generally safer than street-ide machines.
  • Invest in a Money Belt or Full-Sized Money Belt: Protect your cash and important documents from pickpockets with a money belt or full-sized money belt.
  • Inspect Your Car Before Getting In: Always inspect your car before getting in, and drive with the doors locked and windows up.

Conclusion

Financial scams can occur anywhere, but being aware of these common tactics and taking simple precautions can help keep you and your money safe. By staying vigilant and informed, you can enjoy a trouble-free trip to Guatemala. Remember to always be cautious, inspect your surroundings, and trust your instincts to stay safe during your travels.