What’s worse than losing money to a scammer? Losing more money to another scammer claiming to help you recover from the first one.
Yep; this really happens. It works like this: Con artists contact you because you’re on their lists of people who lost money to scams. For a “small fee” or “donation” upfront, they promise to recover the money you lost from a prize scheme, bogus product offer, or some other scam.
Hundreds of thousands of people who bought Kevin Trudeau’s book “The Weight Loss Cure ‘They’ Don’t Want You to Know About” after watching his deceptive infomercials will get money back, thanks to the FTC.
You’ve started a new business and want to ensure you’re doing everything right. So, when people claiming to be with the government call you to say you’re violating the law, you may be inclined to do whatever they say to fix it…right?
Slow down. Government imposters are counting on that reaction — because that’s their business.
Maria and Rafael are thrilled that their daughter just graduated college and they’re ready to celebrate with friends and family. Abuela even made her famous tamales for the special occasion! At the party, Maria and Rafael beam with pride.
Soon after the festivities wind down, reality sets in and Rafael starts worrying. They have to start paying back the money they owe for their daughter’s college education, but he’s been out of work for months. What’s he going to do?
If you’re struggling to pay your mortgage, you might look for financial relief to help keep the roof over your head. Do you turn to your bank or mortgage lender for help? Maybe you got a mailer promising mortgage relief – via a lawsuit against banks and lenders? If you’ve thought about the last option, watch out for empty promises.
Have you gotten pre-recorded sales calls from Rachel from Cardholder Services? Or Bank Card Services or Credit Assistance Program? You’ve been reporting these illegal calls, and the FTC continues to take action.
Today, the FTC and the state of Florida announced a lawsuit against Life Management Services, a company that the FTC says is behind hundreds of thousands of these calls.
Criminals don’t like getting caught. So, when they want to send and receive stolen money, they get someone else to do the dirty work. Some scammers develop online relationships and ask their new sweetheart or friend to accept a deposit and transfer funds for them. Other cons recruit victims with job ads that seem like they’re for legit jobs. If you get involved with one of these schemes, you could lose money and personal information, and you could get into legal trouble.
If you get a call asking you to give to a charity, you might be tempted to say yes without a second thought. But as with any call you get from someone asking for money out of the blue, pause and do some research to avoid fraudsters who try to take advantage of your generosity.
Unfortunately, there are for-profit companies — like American Handicapped and Disadvantaged Workers, Inc. (AHDW) — that pretend to be charitable organizations and lie about how they use donations. The FTC sued AHDW for deceiving people — and shut them down. Here’s the story.
An email from a friend urges you to try new weight-loss pills. There’s a link to an article about a celebrity’s amazing results with the pills, and the article’s author says he even tried this miracle product himself.
With all these trusted sources, why wouldn’t you give it a try?
You may have seen TV ads that claim buying gold is an easy way to earn easy profits, or build a safe retirement investment. While buying gold might help diversify your investment portfolio, is it always a good way to build your retirement? Or might it be an investment scheme disguised as a golden opportunity?