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Zurixx’s real estate investment scheme

These days, it seems like everyone wants to make money by flipping houses. There are companies out there promising to tell you how, but not all those promises are real. The most recent example is Zurixx, a real estate investment company sued by the FTC and the Utah Division of Consumer Protection (DCP).

FTC Refunds: The real deal or not?

Sometimes the FTC is able to return money to people who were ripped off in a con artist’s scheme. But scammers try to cause confusion and take advantage at every step.

Blog Topics: 
Money & Credit

FTC: AdvoCare business model was pyramid scheme

Are you thinking about joining a multi-level marketing business to earn extra money? Before investing your hard-earned cash, make sure you’re not dealing with a pyramid scheme – a scam that can cost you dearly.

graphic of FTC settlement with Advocare

 

Blog Topics: 
Jobs & Making Money

Millennials and fraud: What’s the story?

Lots of people fall for scams. Is it any different for Millennials? That’s what the FTC explores in its new Data Spotlight, Not what you think: Millennials and fraud.

Self-defense against scams

To everyone who hangs up on unwanted calls, learns about the latest scams, and checks with friends about suspicious offers: good news! People who did all those things were less likely to lose money to a scam than people who didn’t, according to Exposed to Scams: What Separates Victims from Non-Victims?, a report from the FINRA Investor Education Foundation, the BBB Institute for Marketplace Trust, and the Stanford Center on Longevity.

Blog Topics: 
Money & Credit

Video games, loot boxes, and your money

Play video games, or have kids who do? For most of us, that’s a yes, according to a recent industry survey.

It also means you might have heard of loot boxes. Loot boxes are the containers you come across in many games filled with a random mix of virtual items players might want: maybe clothes or gear to customize your avatar, or weapons or skills that could give you an advantage over other players in the game. Some of the items are valuable in the game, but many are not. And you won’t know what you’re getting until you open it.

Notarios are no help with immigration

Now and then, it’s helpful to remind ourselves of things we already know: Nobody legit will ever demand payment with a gift card. Dark chocolate is superior to milk chocolate. And notarios do not give legal help with immigration.

If you, or someone you know, is trying to sort out immigration issues, go straight to an immigration lawyer and skip the notarios. They’re not lawyers, and cannot help with immigration.

Blog Topics: 
Money & Credit

Using Match.com? Read this

Online dating sites are a common way people seek romance. But what if, instead of a potential match, you find a scammer? Today, the FTC announced a lawsuit against Match.com, challenging several of Match’s business practices, including ones that the FTC says exposed customers to romance scammers.

That attorney’s ad might be bad for your health

You see the ads on TV, hear them on the radio, or read them in print and online: attorneys telling you about the dangers of certain prescription drugs. Many of these ads open with “medical alert,” “health alert” or “consumer alert” to get your attention.

Blog Topics: 
Health & Fitness

Helping Hispanics avoid fraud

Hispanic Heritage Month (Sept 15 - Oct 15) is a time to celebrate the rich culture, heritage, and contributions of Hispanics. It is also a time to reflect on the FTC’s commitment to help Hispanic communities fight fraud.

Earlier this year, the FTC brought together key Hispanic leaders from national and local organizations for a robust roundtable discussion devoted to understanding the unique issues and concerns affecting their communities. Their message was simple: empower more Hispanics to fight fraud and scams. Hispanic Heritage Month is the perfect opportunity to do that. The FTC has a ton of sharable resources (including videos) to help spread the word about fraud and scams in English and Spanish.

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