Money & Credit

Online giving portals: what should you know?

A common phrase in the world of charities is that there are many ways to give. Making an online donation is one way, and using an “online giving portal” is becoming a popular option. Check out our new articles – one for consumers and one for businesses – that describe these portals and what to consider before using them. Read the full articles for more information, but here are the basics.

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Money & Credit

Asked to pay by gift card? Don’t.

Has someone asked you to go get a gift card to pay for something? Lots of people have told us they’ve been asked to pay with gift cards – by a caller claiming to be with the IRS, or tech support, or a so-called family member in need. If you’ve gotten a call like this, you know that the caller will then demand the gift card numbers and PIN. And, poof, your money is gone.

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Money & Credit

New alert for Western Union refunds

Did you lose money to a scam, wiring the money via Western Union between January 1, 2004 and January 19, 2017? If so, you might know that May 31 is the deadline for filing your claim to get money back from the FTC’s and the Department of Justice’s settlement with Western Union. With the deadline fast approaching, we know two things: (1) there will probably be a rush of last-minute filers; and (2) scammers will try to take advantage of the people filing claims.

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Money & Credit

Western Union team honored for Service to America

Getting money back from the Western Union settlement is a big deal for people who lost money to a scam. And that case is a big deal to both the FTC and the Department of Justice (DOJ) and their case teams. In fact, those teams were just honored as a finalist in the 2018 Services to America Medals, known as the Sammies.

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Money & Credit

FTC: Lending Club misled people about hidden fees

If you need to borrow money to consolidate credit card debt, make home or auto repairs, or move across country, a personal loan can help cover your expenses.

Most personal loans are unsecured, meaning they don’t require collateral like a house or car, and typically have higher interest rates than secured loans.

The FTC recently filed a lawsuit against Lending Club, a company offering personal loans online.

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Money & Credit

Publishers Clearing House imposters keep coming

Who wouldn’t love to be that winner you see on TV holding a great big sweepstakes check? That’s what con artists are counting on when they claim to be Publishers Clearing House. This trick is an oldie but goodie for scammers.

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Money & Credit

Scammers target Sept. 11th Victim Compensation Fund

Consumers are reporting a new imposter scam — this time the callers are pretending to be with the September 11th Victim Compensation Fund (VCF). According to reports, the callers are telling people they may be entitled to money, and they are asking people for their personal information to determine if they are eligible. It’s a scam.

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Money & Credit

Scammers impersonate the Chinese Consulate

Have you gotten a call from someone saying they’re from a Chinese Consulate office? If so, you’re not alone – based on reports to the FTC and the real Chinese Consulates. But here’s the thing: it’s not a Chinese Consulate office calling. It’s a scammer. These callers seem to be reaching people with Chinese last names but, as we know, scammers can change tactics quickly.

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Money & Credit

FTC asking for access to your computer? It’s a scam.

Scammers pretending to be with the FTC or with FTC refund administrators are calling, asking for remote access to your computer. It’s been reported that the scammers are calling specifically about the FTC’s Advanced Tech Support refund program. Their goal is to make you think you are moments away from getting money that’s owed to you – and, to get the money, all you need to do is allow them to connect to your computer. It’s a scam.

A new way to report tax identity theft

Identity theft is hard enough. That’s why we keep working to make recovering from it easier. It’s also why we’re happy to let you know about an innovative project by the FTC and IRS that lets people report tax-related identity theft to the IRS online, using the FTC’s IdentityTheft.gov website to file IRS Form 14039. IdentityTheft.gov website on a laptop, tablet, and smartphone.

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