scam

Sending money out of love, or sending a scammer money?

Love is a powerful thing. So when a loved one calls or emails, saying they’re in trouble, you’d want to help, right? If they ask you to send cash immediately — should you follow your heart?

Blog Topics: 
Money & Credit

Hack Attack: Health insurer’s customer information stolen

Last week, hackers hit Anthem, the nation's second-largest health insurance company. As many as 80 million customers had their account information stolen. The pilfered data includes names, birth dates, medical IDs, Social Security numbers, street addresses, email addresses and employment information.

If you’re worried about your personal information ending up in the wrong hands, the FTC has a helpful reminder. A credit freeze, also known as a security freeze, lets you limit access to your credit report, which makes it more difficult for identity thieves to open new accounts in your name.

Blog Topics: 
Privacy & Identity

My very own IRS imposter call

“Hello, we have been trying to reach you. This call is officially a final notice from the IRS, Internal Revenue Service. The reason of this call is to inform you that IRS is filing a lawsuit against you.” That was the message on my answering machine when I returned home from work.

IRS Imposters Scams infographic

Blog Topics: 
Privacy & Identity

The FTC’s new Hall of Shame — Banned Debt Collectors

There’s the “A List,” and then there’s the “D List.” I know which one I don’t want to be on. Now the FTC has its own version of the “D” List — its list of banned debt collectors.

Blog Topics: 
Money & Credit

Another tax scam: IRS imposters

Tax identity theft is the theme of the week, but it’s not the only tax scam we’re talking about. Complaints to the FTC about IRS imposter scams have shot up over the last year — by almost 50,000 complaints.

Here’s what happens: You get a call from a scammer pretending to be with the IRS, saying you’ll be arrested if you don’t pay taxes you owe right now. You’re told to wire it or put it on a prepaid debit card. They might threaten to deport you or say you’ll lose your driver’s license. Some even know your Social Security number, and they fake caller ID so you think it really is the IRS calling.

IRS Imposters Scams infographic

Blog Topics: 
Privacy & Identity

3 ways to use Tax Identity Theft Awareness Week to help people in your life

Looking for a practical way to help friends, family, and your community? We’ve got one: warn them about tax identity theft and IRS imposters.

This week is Tax Identity Theft Awareness Week — and a good time to think about what you can do. Here are three ideas to get you started:

IRS Imposters Scams infographic

Blog Topics: 
Privacy & Identity

Today’s news, tomorrow’s scam

When the headlines change, scammers follow: Natural disaster? Charity scams will follow. Medicare open season? Health care scams will follow. So we know from experience that, when immigration is in the headlines, scams will follow.

Here are some things to keep in mind if you’re in the immigration process – or would like to be – regardless of what’s in the news.

Blog Topics: 
Money & Credit

Don’t let tax scammers get away with it

Tax season is getting close — and for some people, so is an experience with tax identity theft or IRS imposters. Tax identity theft happens when someone uses your Social Security number to get a tax refund or a job. You usually find out something’s wrong after you file your tax return.

Also, IRS imposters work year-round — posing as the IRS when they call and say you owe taxes. They even threaten to arrest you if you don’t put money on a prepaid debit card and tell them the card number. They might know all or part of your Social Security number, and can fake caller ID information to make it look like it really is the IRS calling. But it’s not. Ever.

tax identity theft awareness week logo

 

Blog Topics: 
Privacy & Identity

Shutting down an income scam

We began 2014 by announcing that a court ordered Oro Marketing to temporarily shut down operations for bogus business practices. This phone fraud targeted Spanish-speaking Latinos, promising them packages of high-end goods that they could – supposedly – re-sell to make extra money. The company charged between $400 and $490 for the packages, but only delivered low-quality, off-brand products that were impossible to sell. According to the FTC, no one made any money – except the defendants, who misled people to steal their money.

Blog Topics: 
Jobs & Making Money

Fake checks: The nanny or caregiver scam

Do you offer your professional services as a babysitter, nanny, or other kind of caregiver? You may have used websites that can match you up with potential clients – sites like Care.com or Sittercity.com. These sites can be a convenient and efficient way to drum up business. But scammers may misuse these sites. FTC staff has seen hundreds of complaints about con artists cheating caregivers with a counterfeit check scheme that asks you to send payment to a third party. Details may vary, but, in general, the scam works like this:

Blog Topics: 
Jobs & Making Money

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