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. 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?
Counsel, FTC's Division of Consumer & Business Education
Book lovers flock to their local library to pick up a favorite classic or the latest bestseller. But today library visitors also want and need a whole lot more. In addition to providing traditional services, librarians help diverse groups of people navigate a complicated world, including how to avoid scams.
As for scams, there’s one thing we know for sure: we’re all consumers – and we’re all targets for fraud. Scammers are good at what they do. They’re professionals who know how to create confusion and prey on emotions to throw people off-balance just long enough to take advantage. Our job is to give people a heads-up so that maybe they don’t get knocked off balance and they don’t get ripped off.
One thing we know about scammers — they want money, and they want it fast. That’s why, whatever the con they’re running, they usually ask people to pay a certain way. They want to make it easy for themselves to get the money — and nearly impossible for you to get it back.
Their latest method? iTunes gift cards. To convince you to pay, they might pretend to be with the IRS and say you’ll be arrested if you don’t pay back taxes right now. Or pose as a family member or online love interest who needs your help fast. But as soon as you put money on a card and share the code with them, the money’s gone for good.
Your phone rings. You recognize the number, but when you pick up, it’s someone else. What’s the deal?
Scammers are using fake caller ID information to trick you into thinking they are someone local, someone you trust – like a government agency or police department, or a company you do business with – like your bank or cable provider. The practice is called caller ID spoofing, and scammers don’t care whose phone number they use. One scammer recently used the phone number of an FTC employee. Here are a few tips for handling these calls.