Almost everyone has heard travel horror stories. From robberies to scams, it is important to be informed about what to possibly expect on your luxury travel vacations. The most common stories of being ripped off abroad involve currency, purchasing priceless artifacts and being trapped by taxis. Take a look at these common ways people are either overcharged or ripped off, and use these strategies to stay in control of your money!
Currency Fraud
One of the most difficult parts about traveling to other countries is using foreign currency. There are several ways to handle this issue; the most important one is to be somewhat familiar with the exchange rate. For example, one Euro is the equivalent of $1.50 USD. Also, be familiar with what the local currency looks like. A common tourist scam is being approached in the airport or in front of a hotel by what appears to be a fellow tourist. They may wish to exchange some of their left over currency for dollars. They may attempt to sell you counterfeit currency, or offer a high rate of exchange. Do not be taken in by such people. The only safe way to exchange currency is through a bank, your local American Express Office, or...
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