Money & Credit

Pass it on: tech support scams

Earlier today, we announced a bunch of cases against tech support scammers: the people who act like there’s a problem with your computer and then try to convince you to fork over money to fix – ahem – “fix” it. Except there never was a problem, and they weren’t really from tech support.

Blog Topics: 
Money & Credit

Keep your mom scam-free this Mother’s Day

Growing up, my mother gave me her own version of “scam alerts.” She let me know when an offer sounded fishy and told me stories of fraudsters conning people out of their hard-earned money. Maybe your mom did too. This Mother’s Day, why not return the favor by letting mom know about the FTC’s Scam Alerts?

Blog Topics: 
Money & Credit

Rounding up foreign lottery scammers

In the past, we’ve told you about a group of Jamaican scammers who called people in the US with phony prize, sweepstakes and lottery offers. Just last week, the US Department of Justice (DOJ) announced that eight Jamaicans were extradited to the US and now are in custody in North Dakota. These eight people were charged with using a lottery scam to trick at least 90 people out of more than $5.7 million dollars.

Blog Topics: 
Money & Credit

Third parties can’t get you more money for VW claims

Claims processing is underway for eligible VW owners and lessees as part of the VW 2.0 liter vehicle emissions settlements. If the court approves the proposed 3.0 liter settlement, claims processing for the 3.0 liter vehicle emissions settlements may begin soon. Through these settlements, consumers will have billions of dollars returned to them.

Blog Topics: 
Money & Credit

Who's really calling?

The millions of people who reported scams last year told us that imposters were the top fraud of the year. Imposters have called many of us – maybe even most of us, pretending to be anyone from the IRS to a family member in trouble, from fake tech “help” for your computer to a business selling things that turned out to be bogus. Their goal? To get your money as quickly as possible.

Blog Topics: 
Money & Credit

DeVry refund update

As part of the FTC’s settlement with DeVry University for deceptive advertising, the school agreed to pay $49.4 million to the FTC for partial refunds to some students. The FTC plans to mail checks before the end of the summer to people who meet certain conditions.

Imposters selling English course are shut down

Many scammers are the same: they lie, harass, and threaten, all to trick people into paying them money. Recently, the FTC filed a lawsuit against several California-based companies and their owners, saying they used exactly these tactics in an imposter scam. Their operation is now shut down.

To help you avoid scams like this one, here are a few tips:

Blog Topics: 
Money & Credit

Is that post #sponsored?

Have you ever seen a TV commercial with a celebrity or star athlete talking about how great a product is? You probably realized that they were paid for their endorsement, and it still may have influenced you to buy the product.

What if you saw that same celebrity post on social media about a particular sports drink, with the hashtag #recoverfaster? Would you think it was a paid promotion? It can be hard to tell.

Blog Topics: 
Money & Credit

The IRS is now using private debt collectors

Do you have a debt with the IRS that’s more than two years old? If so, you might be getting a letter from the IRS about your account being transferred to a private debt collector. This new program only applies to taxpayers who have had an IRS debt for years, and who were previously contacted about it by the IRS. Here’s how it will work – and how to spot a scam.

Blog Topics: 
Money & Credit

“I have an emergency and need money”

If you’ve ever gotten one of those calls, you know how alarming they can be. And that’s exactly what the scammers count on. They want you to act before you think – and acting always includes sending them money: by wiring it or by getting a prepaid card or gift card, and giving them the numbers on the card. Either way, your money’s gone.

 

Blog Topics: 
Money & Credit

Pages