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.

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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.

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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.

Avoid international travel document scams

If you are planning a trip outside the US, you have probably been collecting tips on everything from great restaurants to comfortable walking shoes. Here is our contribution: when you search for information online, you may find official-looking websites that offer travel documents, information and services. But some official-looking sites are copycats — imposters — that can put your money and personal information at risk.

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Money & Credit

What we heard: military consumer financial issues

When you want to know what’s going on with a group, you go directly to the source, right? That’s exactly what the FTC did last week when it held a Military Consumer Financial Workshop in San Antonio, Texas. The day’s purpose was to take a look at the financial issues and scams that can affect military consumers – active duty servicemembers, veterans, and their families.

July 26: Military Consumer on Twitter and Facebook

@MilConsumer will host a Twitter chat about credit issues with the National Credit Union Administration, Military Saves, and the National Military Family Association. Join the conversation on July 26 at 2:00 pm ET at #NCUAChat and #MilConsumer. To give you a head start, here are the questions we’ll cover:

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Money & Credit

Fake Publishers Clearing House scams

Publishers Clearing House and the FTC have both gotten many reports about scammers using the Publishers Clearing House name to deceive people. Scammers call, claiming you’ve won the sweepstakes – but, to collect your prize, you need to send money to pay for so-called fees and taxes.

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Money & Credit

Fake debt collectors impersonate real businesses

Fake debt collectors will say anything that will scare you into paying them. Today, the FTC stopped imposters who pretended to be lawyers. They threatened people with lawsuits and jail time to collect debts that didn’t exist. These imposters often used the names of real small businesses or names that were very similar to those of existing businesses.

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Money & Credit

Shade-y claims of harmless “green” paint

If you’re thinking about sprucing up the interior of your home with a fresh paint job, using a paint with no volatile organic compounds (VOCs) may be important to you since these compounds can be harmful to people. However, the FTC warns that some paint companies mislead people about the amount of VOCs emitted by their paints.

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Money & Credit

“Going out of business” sales: Are the deals real?

Who doesn’t like to save money? Those big colorful “going out of business” sale signs can draw you in, like a moth to a flame. Before you fork over any cash, make sure you understand the real deal. Otherwise, you might get burned. Here are a few things to think about.

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Money & Credit

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