What’s one kind of scam targeting you and everyone you know? Imposter scams. They happen when scammers pretend to be a person, business, or government agency you trust, then try to convince you to send money. One of their latest targets: people who own tractor-trailer trucks and other commercial vehicles.
If you’re just getting by, and someone offers you the chance to earn more money through a business opportunity, you might be willing to listen, right?
Unfortunately, those offers often turn out to be just another scam. Today the FTC announced charges against three people and multiple companies behind a telemarketing scheme that targeted older people and veterans, and took millions of dollars from people with promises they would multiply their investment.
Whether you’re 16 or 60, buying a used car can be an exciting experience. But it can also be a big financial commitment, with some industry reports estimating that the average price of a used car is close to $20,000. A new consumer.gov article gives you tips for buying a used car, written in a plain and simple style that cuts to the chase.
Scammers know people pay attention to warning signs, like the car’s “check engine” light, or railroad crossing gates and weather alerts. So when a fraudster wants to grab your attention, he may disguise his pitch as a warning. At the FTC’s request, a federal court temporarily shut down and froze the assets of an operation that allegedly used phony online warnings about computer security, and deceived people into spending millions of dollars on unnecessary computer technical support services.
It seems like manufacturers are coming out with new smartphones, tablets and other devices at a faster clip year after year. People who upgraded and were looking to get some money back for their old devices may have been tempted by some websites that promised to pay top dollar. As a result of the lawsuit filed by the FTC and the State of Georgia, a federal court just put a stop to one company running several buyback websites because it wasn’t keeping up its end of the bargain.
Hurricane Matthew has left the Caribbean and is on its way to the east coast of the U. S. If you live in states along the coast and haven’t begun storm preparations, now’s the time. The FTC has information to help you prepare for, deal with, and recover from the long-term impacts of a weather emergency.
Are you a former ITT Tech student trying to plan your next steps? You’re not alone. Thousands of former students have questions about the status of their student loans and the future of their education.
As you consider what to do next, here’s some helpful information from the Department of Education (ED) about two options available to ITT students: getting your federal student loans discharged, or trying to transfer your ITT Tech credits to another school.
Looking for information on dealing with identity theft? The FTC has new and revised identity theft publications that reflect features of IdentityTheft.gov that make it easier to report and recover from identity theft.
Here’s what’s hot off the presses:
You might try to get relief from occasional body aches and pains with an over-the-counter treatment. But for people with severe joint stiffness or mobility restrictions due to arthritis or fibromyalgia, it’s a good idea to get medical advice. According to the FTC, some products that claim to treat those serious conditions don’t live up to the hype. Today the FTC announced a settlement against a company that claimed its "clinically proven" supplement promised "complete and long-lasting relief" from joint pain.
Buying a car can be exciting, but what if there are strings attached? Some buyers told us that they financed a car through a dealership, signed a contract, and drove the car home, only to be told that the financing didn't go through and they had to sign a new deal or lose their down payment. There’s a name for that: it’s called a “yo-yo” financing tactic. It’s just one of a trunk-load of charges the FTC is bringing against Sage Auto Group, a group of nine Los Angeles-based auto dealerships, and the three brothers who control them.