scam

Selling a Car? Watch For A New Telemarketing Scam

The scenario: You want to sell your car without any hassles for a fair price. So you place an ad on a community website hoping for a quick sale. Shortly thereafter, you get a call from what sounds like an auto company. For a fee, the company promises to put you in touch with a buyer. If your car isn’t sold, they promise to refund your money. So you go ahead and pay the fee, and wait for the company to present a buyer for your car.

Blog Topics: 
Money & Credit

Get the Facts before Buying a Business Opportunity

Scammers pushing empty promises of wealth from business opportunities never cease to be creative. They come up with ideas that sound so detailed and timely that the deal has to be legit…at least, that's what they want you to think.

Blog Topics: 
Jobs & Making Money

Double Take

Scammers use a number of clever schemes to trick people into sending them money: they might promise a job, a loan, a scholarship, or a prize. They might even promise to recover money lost to a previous scam.

Tripping: Free Travel Offers to Anywhere Could Take You Nowhere Fast

The letter you opened sounds like you’ve lucked out in a big way. It’s an offer for free plane tickets to practically anyplace you want to go. The company — whose name appears to be that of a well-known airline — urges you to act quickly, or you might miss this “last chance.” They even sent a “voucher” for the tickets.

Seems like all you have to do is call the toll-free number on the letter and you’ll soon be flying off to your desired destination. The offer has a deadline, though, so you’d better call now, right?

Blog Topics: 
Money & Credit

Getting Your Money Back After a Tech Support Scam

If you’ve ever had a virus on your computer, you know what a nightmare it can be — a slow computer that crashes unexpectedly, your contact lists getting messages that you didn’t send, your online accounts vulnerable to hacking.

Perhaps just as frustrating as a virus infecting your computer? Paying someone to get rid of a virus that isn’t there.

Blog Topics: 
Privacy & Identity

How to Help Victims of Typhoon Haiyan in the Philippines

The devastation caused by Typhoon Haiyan in the Philippines has left many people asking how they can help. If you’re looking for a way to give, the Federal Trade Commission, the nation’s consumer protection agency, urges you to do some research to ensure that your donation will go to a reputable organization that will use the money as promised — and as you intend.

Blog Topics: 
Money & Credit

The jig is up for bogus debt collection and rate reduction operations

The FTC continues to crack down on fake debt collection and credit card interest rate reduction scams. We recently obtained a court order that imposes a $25.3 million judgment against the mastermind of two schemes that bilked consumers out of millions.

Blog Topics: 
Money & Credit

Haunted by Phantom Debt?

Phantom debts – sounds a little like a ghostly Halloween prank. Unfortunately, it’s no joke. Some fake debt collectors may try deception and threats to pressure you to pay debts that you don’t owe. The FTC recently obtained a temporary restraining order in a case against debt collectors, Pinnacle Payment Services, Lisa Jeter, her partners and related companies about just these kinds of practices. The court order shuts down the operation, pending trial.

Imagine getting a phone message like this:

This is the Civil Investigations Unit. We are contacting you in regards to a complaint being filed against you, pursuant to claim and affidavit number D00D-2932, where you have been named a respondent in a court action and must appear… Please forward this information to your attorney in that the order to show cause contains a restraining order. You or  your attorney will have 24 to 48 hours to oppose this matter… Call 757-555-1234.

Who wouldn’t be spooked? The FTC has gotten almost 3,000 complaints about messages like this.

Blog Topics: 
Money & Credit

Paying for a Threat

Imagine this: it’s the hottest day of the year. (Or, since we’re getting into Fall, the coldest.) Someone from your utility company calls to say they’re about to cut off your power. You check the caller ID, and it looks like the right number – at least, it’s in your area code. You know you’ve paid your bill, and you can’t imagine what happened – but you also know you can’t afford to lose power.  So what do you do?

Blog Topics: 
Money & Credit

Con artists prey on victims of timeshare resale scams

Con artists are trying to steal money from people by falsely claiming they are associated with the federal courts, the U.S. Department of Justice (DOJ), and the Federal Trade Commission (FTC).  The imposters tell people they are entitled to refunds as part of cases brought by the FTC against companies that engaged in timeshare resale fraud. People are told they must pay several hundred dollars in “court costs,” “processing fees” or “filing fees” to get their refunds. The scammers may use an actual FTC case number to lend some legitimacy to their pitch. DO NOT GIVE THESE IMPOSTERS MONEY. THIS IS A SCAM.

Blog Topics: 
Money & Credit

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