Imagine getting an official-looking letter — with a seal, signed by a judge — that says you owe a lot of money for an unpaid payday loan. Awfully intimidating, right? Especially if it included your correct name, address, and maybe even your Social Security number.
In a new twist on an old scam, criminals are impersonating law firms, judges, and court officials. They send out scary letters and make threatening phone calls about phantom debts to try to convince people to send them money.
Strapped for cash? You might think an online payday loan is a quick and easy way to help stretch your money. But before you enter your bank account or any other personal information on a payday loan website, back away from the keyboard! That online payday loan might be a window to a scam.
The Federal Trade Commission has sued one of the world’s reputedly biggest spammers and the company it says he used to send thousands of false, alarming and threatening emails disguised as information about the Affordable Care Act.
A homeowner who’s worried about foreclosure or desperate to refinance might listen to a caller who promises to help. Unfortunately, not all cold-calling telemarketers do what they promise. Enter the Federal Trade Commission’s nearly $3.6 million settlement with Prime Legal Plans.
The FTC warned people last summer about illegal prerecorded sales calls from scammers pitching safety alert systems for older adults. And now, the FTC and the Florida Attorney General have acted to temporarily halt and freeze the assets of an Orlando-based operation that not only used illegal robocalls to pitch so-called “free” medical alert devices to older consumers, but also lied about the cost and quality. The FTC and the Florida AG are working to permanently ban the operation from illegally pitching their products and to get refunds for victims.
No, not poltergeists. Scammers. And they want your last penny.
We’ve written before about tech support scams — where a caller claims that your computer has a terrible virus and needs immediate attention. The scammer asks for remote access and then charges you for “fixing” a problem that wasn’t there.
Now, they’re working the phones again, and they claim that if you paid for tech support services, they can get you a refund.
The U.S. Postal Inspection Service recently distributed thousands of checks totaling $46 million to people who lost money in scams that involved MoneyGram, a popular money transfer service.
According to law enforcement officials, from 2004 to 2009, MoneyGram turned a blind eye to scam artists and money launderers who used the company to commit fraud. During that time, tens of thousands of people in the U.S. lost money to a variety of money transfer scams, including fake lottery and prize scams, family emergency scams, and “guaranteed” loan scams.
If you’ve been following the news this holiday season, you’ve probably heard that Target shoppers may have been affected by the recent data breach. Target notified their customers of the breach via email.
Unfortunately, scammers follow the news, too. Scam artists may send out phony “Target” emails pretending to help, but they actually want to trick you into giving them your personal information. And they are skilled at making the emails look real. If you get an email that says it’s from Target, here’s what to look out for to make sure you don’t get scammed.
If you’re looking for a way to manage your debt, the last thing you need is to get ripped off by a company that promises to help. According to the Federal Trade Commission, that’s what happened to people who paid hundreds of dollars each to Southeast Trust, LLC. The company contacted people through illegal robocalls and claimed it was a non-profit group that could get them credit card interest rates as low as zero percent. The FTC recently got a $2.7 million judgment against the company and banned it from making illegal robocalls and providing debt- and mortgage-relief services.