scam

Refund Checks for Consumers Misled By Dinamica Financiera

The FTC is mailing several hundred refund checks to Spanish-speaking consumers who lost money to Dinamica Financiera. The company falsely promised foreclosure relief and mortgage loan modifications.

These Prizes Were No Gems

It’s exciting news —the caller says you’ve won a new car, a boat, jewelry, a fabulous vacation, or a cash prize. All you need to do is buy some vitamins — for $300 to $500 — to claim it.

But this “promotion” from American Health Associates is really just the latest scheme from a repeat scammer, the FTC says. A scheme that’s now been stopped, thanks to the FTC.

Blog Topics: 
Money & Credit

Traveling for Spring Break?

Oh yes, it’s that sweet time of year again — Spring Break is almost here! Whether you’re off to sunbathe on the sand, see the sights, or ski the slopes, it pays to be an informed travel shopper.

Blog Topics: 
Money & Credit

You Owe Me Money

What if a company called you, demanding you pay for a product they said you ordered? What if they threatened you if you didn’t pay? And what if you never actually ordered that product, never even saw it, and never promised to pay for anything? 

A recently-filed FTC case claims that Instant Response Systems, a Brooklyn-based company, did all that and more.

Bogus Text Message Prize Offers

If you've ever gotten a text message on your cell phone telling you that you've won a free prize, you're not alone. During the past year, the FTC has gotten tens of thousands of complaints about unsolicited text messages.

Blog Topics: 
Privacy & Identity

Variations on a Scheme

We’ve heard reports that a variation on an old scam is making the rounds. It sounds like this:

<Ring, ring>

Unsuspecting person who answers the phone:  Hello?

Scammer who is calling:  Ma’am, I’m calling from the government. We’re about to send out national medical cards for the new Affordable Care Act. You’re one of the lucky people to get yours first...

Pressing Questions

On Friday, many of my colleagues will be joining the US Department of Justice’s Civil Consumer Protection Branch at the Second Annual Consumer Protection Summit.

On the agenda for the day are these hot topics...

Sharing the Real Wealth

When money’s tight, work-at-home opportunities can sound like just the thing to make some extra cash. Unfortunately, many of these “jobs” are rip-offs. Today, the FTC announced that it will mail over 50,000 refund checks to consumers who were scammed by Real Wealth, a company that allegedly peddled bogus work-at-home offers.

 

Blog Topics: 
Jobs & Making Money

Veterans, CYA – Cover Your Assets!

If you’re a veteran over 65 — or related to one, you are a target for a particularly ugly type of scam that involves “poaching” your pension. Unscrupulous “advisers” — attorneys, financial planners, and insurance agents — are trying to sell you financial or legal products to move your assets around without giving you the whole truth about the long-term consequences.

Blog Topics: 
Jobs & Making Money

Loan Aggregators, or Loan Aggravators?

If you’re thinking about applying for an online payday loan, you might be dealing with a direct lender – or you might be dealing with a loan aggregator. A direct lender lends you the money; a loan aggregator is a middleman – a company that collects your personal and financial information on a loan application and shops it around to lenders who might offer you a loan.

Blog Topics: 
Money & Credit

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