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February 2020

FTC refunds $34 million to Office Depot customers

The FTC is sending refund checks to more than 541,000 people who paid for repairs and technical services when they took their computers to Office Depot or Office Max stores for a free “PC Health Check.”

Is that text message about your FedEx package really a scam?

You may be skeptical when someone you don’t know sends you a text message you didn’t expect and it tells you to click on a link. Maybe that little voice in your head starts talking to you. I know mine does. It says, “Hmm, this could be a scam. Maybe someone wants to steal my personal information. Or get me to pay for something.” I guess that's why scammers come up with new stories all the time, like a FedEx package tracking scam we're hearing about. Here's how it works.

How is the Funeral Rule working for you?

The FTC is reviewing the Funeral Rule to learn how it affects people who shop for funeral goods and services – and how it affects funeral providers, including small businesses. As part of the review, the FTC wants people to send comments to the public record until April 14, 2020.

Blog Topics: 
Money & Credit

Fraud alerts & credit freezes: What’s the difference?

Looking for ways to protect your identity? Two to options to consider are fraud alerts and credit freezes. But what’s the difference?

Be wary of big money investment training claims

If you’ve ever fantasized about never having to worry about money again, you’re not alone. There are companies peddling investment strategies to, they say, make your dreams come true. But before you spend big money for a chance at wealth, read on.

It’s not true love if they ask for money

It’s almost Valentine’s Day. Lots of us have profiles on online dating sites, apps or social media to find “the one.” But that interesting person who just messaged you could be a sweet-talking romance scammer trying to trick you into sending money.

Bogus advertisement offers target small businesses

Lots of small businesses need to advertise locally. So, if someone told your business that it could advertise through well-known local firms or organizations, that might interest you. But unfortunately, sometimes the results are not as promised.

Blog Topics: 
Jobs & Making Money

Coronavirus: Scammers follow the headlines

Scammers are taking advantage of fears surrounding the Coronavirus. They’re setting up websites to sell bogus products, and using fake emails, texts, and social media posts as a ruse to take your money and get your personal information. Here are some tips to help you keep the scammers at bay.

FTC: The bottom-line on fake checks scams

If someone you don’t know sends you a check and asks for money back, that’s a scam. Over the last several years, the number of fake check scams reported to the FTC has steadily increased, and so have the dollars lost.

Blog Topics: 
Jobs & Making Money

FTC videos: Rated “P” for People

Videos from the Federal Trade Commission offer practical, useful, and memorable messages that can save you money, time, and aggravation. And they’re free. And now, for your viewing pleasure... a selection of the FTC’s top releases.

Blog Topics: 
Money & Credit

FTC reaches settlement with anti-aging pill seller

If you remember nothing else from this blog post, remember this: sellers that peddle cures must have scientific proof to back up their claims. The FTC takes action when they don’t.

Blog Topics: 
Health & Fitness

Making mobile payments? Protect yourself from scams.

Using mobile payment apps like CashApp, Venmo, or Zelle can be a convenient way to get quick cash to your family and friends. But remember the first rule of sending money, whether you’re using an app or money wiring service: Be sure you know who’s on the receiving end. Otherwise, you might lose the money you sent — and then some.

LendEDU deceptively promoted financial products

Online comparison sites can be great ways to check out products you want to try or buy. But are those reviews and rankings objective, accurate, and unbiased? It’s a question to always ask, and here’s why: Some online product reviews and rankings might be influenced by advertiser payments.

Blog Topics: 
Money & Credit

Tax Identity Theft Awareness Week starts today

Ready for tax season? If you’re not ready for tax identity thieves and IRS imposters, you might not be. But breathe easy. Today is the start of Tax Identity Theft Awareness Week, and we’ve got lots of easy ways to learn how to recognize scams and help protect yourself from fraud.