scam

Exploring the perils of the precious metals market

The Senate Special Committee on Aging is holding a hearing today to examine deception associated with retail precious metals investments and their effect on people’s retirement nest eggs. The FTC, which has a track record of stopping deceptive practices in the marketing of precious metals as investments, will testify.

Blog Topics: 
Jobs & Making Money

“Pending FTC complaint” emails are fakes

Have you gotten an email with the subject line “Pending consumer complaint” that looks like it came from the FTC? The email warns that a complaint against you has been filed with the FTC. It asks you to click on a link or attachment for more information or to contact the FTC.

These emails pull out all the stops to look official: They have an FTC seal, references to the “Consumer Credit Protection Act (CCPA)” and a “formal investigation,” and what look like real FTC links. The truth is that they’re fakes.

Blog Topics: 
Privacy & Identity

Fake IRS collectors are calling

This time of year is often taxing for many consumers. Scams aimed at stealing taxpayers’ money make the season more stressful.

Blog Topics: 
Money & Credit

No Foolin’ — The clock is ticking for students seeking financial aid

If you’re a college student seeking financial aid, fill out the Free Application for Federal Student Aid (FAFSA) as soon as you can. Yes, I know, the deadline for submitting the FAFSA is June 30th, but many states and schools allocate funds on a first-come, first-served basis. What’s more, some states have deadlines for filing the FAFSA to be eligible for certain kinds of aid.

Blog Topics: 
Money & Credit

It’s not your day in court

“Hereby you are notified that you have been scheduled to appear for your hearing that will take place in the court of Tallahassee in April 02, 2014 at 09:00 am.” Signed, the Clerk to the Court.

Sound official? Like the fake funeral notices we wrote about recently, emails like this have been going around trying to convince concerned — or curious — people to click on the supposed “court notice.”

Don’t do it.

Blog Topics: 
Privacy & Identity

FTC shuts down multi-million dollar phone scam

What do you say to a group of thieves that steal more than $20 million from tens of thousands of older consumers? The FTC says, “Gotcha!”

Blog Topics: 
Privacy & Identity

Helping victims of the Washington State mudslide — Make sure your donations count

When disaster strikes, you can be sure that scam artists will be close behind. The latest example is the massive mudslide in Oso, Washington.

Blog Topics: 
Money & Credit

Dialing for Dollars

There’s a new scam going around – and if your family name is from South Asia, there’s a chance you already know about it. If the scam sounds familiar, that’s because it’s been around for years, targeting one group, then another. Right now, the people being targeted seem to be from India and Pakistan; tomorrow: who can say?

Blog Topics: 
Money & Credit

Mind your business (opportunity)

Many people dream about being their own boss. Controlling their own schedule, running things their way, and being in charge of their own earning potential? What’s not to love?

Chasing that dream wisely, though, means knowing the difference between a legitimate opportunity and a scam.

Blog Topics: 
Jobs & Making Money

A lotto malarkey

At the FTC, we’ve been warning people away from foreign lottery scams for years. So when one of our colleagues recently got an official-looking mailer from Canada, titled “RE: PRIZE WINNING NOTIFICATION,” we turned to our own advice to check it out.

Blog Topics: 
Money & Credit

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