Money & Credit

Working together to protect Texas consumers

When it comes to meeting ambitious goals, even the Lone Ranger knows that working with partners is more productive than working alone. And that’s why civil, criminal and regulatory enforcement agencies from across the Lone Star State came together in Dallas this week to talk about how to better protect Texans and build better partnerships.

Scams affect all of us

How many of us get scam calls? Maybe it’s someone saying they’re the IRS. Or a debt collector. Or tech support. Or a so-called friend in so-called trouble. And they want you to send money. Sound familiar? All of us are targeted for scams. Every one of us. Which is why we created this video to make exactly that point – fraud really does affect all of us, in every community. And we all can do something about it.

 

 

Payments you didn’t authorize could be a scam

Usually, when I pay with a check, I write it out and sign it, or I direct my bank to send it on my behalf. But what if a check is drawn on my account but I didn’t write it, sign it, or tell my bank to send it? It can happen if someone has your bank account number: they can use your number to create a check that takes money out of your account. Now, if you’d already agreed to the charges, there’s no problem. But what if you didn’t? That means this check is part of a scam – which is what the FTC says happened in a case announced today.

The FTC sued several companies and individuals for allegedly taking millions of dollars out of people’s accounts using remotely created checks – without the account owners’ authorization.

Blog Topics: 
Money & Credit

Battling ticket bots

You’re online, ready to buy concert tickets the second they go on sale, and then… they’re sold out. Were you beaten by a ticket bot? Here’s what you need to know.

Blog Topics: 
Money & Credit

A new kind of classic: FTC Classic Videos

 Who doesn’t love taking a trip down memory lane?  In our new “FTC Classics” playlist, you can do just that.

Blog Topics: 
Money & Credit

Outlet shopping: What the pros know

As summer comes to a close and back-to-school shopping lists loom large, you may be thinking of ways to save money. Some people turn to outlet shopping. But before you pack up the car for an all-day shopping excursion, here are some tips to help you get the most for your money.

Blog Topics: 
Money & Credit

Launder payments for a scam. Get caught, too.

At the FTC, one lawsuit can lead to another. Two years ago, the FTC shut down Money Now Funding, a scam that promised people they would earn thousands to find and refer small businesses in need of a loan. Fast forward to the present, and the FTC is suing the people and payment processing businesses it says laundered more than $5 million in credit card charges that Money Now Funding collected from its victims.

Two people standing facing each other and talking

Blog Topics: 
Money & Credit

Scammers impersonate the National Institutes of Health

Consumers are reporting another government imposter scam – this time the scammers are pretending to be calling from the National Institutes of Health (NIH). According to reports, callers are telling people they’ve been selected to receive a $14,000 grant from NIH. To get it, though, callers tell people to pay a fee through an iTunes or Green Dot card, or by giving their bank account number.

Blog Topics: 
Money & Credit

Know your debt collection rights

Know someone who’s behind on their bills? Maybe debt collectors are calling for payment? Our new debt collection video can help you understand your legal rights – and may lower your stress level.

Blog Topics: 
Money & Credit

At work on India-based imposter scams

Imposter scams like phony tech support scams and IRS impersonator calls continue to hit computers and phones across the country. And the scammers behind them continue to make it tough to track them down by masking their caller ID information and sending money through obscure and tangled routes. What we do know is that many of these scammers are based in India.

That’s why, at a recent FTC-led roundtable in Washington, DC, law enforcers, technologists, consumer advocates, and representatives from the Indian government and industry met to look at what more we can do to fight imposter scams. This event was the latest in a series of events in the U.S. and India.

Pages