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Money back from MoneyGram?

We’ve all known for a long time that scammers ask people to pay by wiring money. Money wiring companies like MoneyGram and Western Union have also known that scammers have people wire money using their services. In fact, the FTC has sued both companies – which have paid a lot of money to settle those charges – over exactly that issue. When the FTC settled with those companies (MoneyGram in 2009, Western Union in 2017), they also agreed to make changes to protect people from fraud. Except MoneyGram didn’t actually take some of those important steps.

Blog Topics: 
Money & Credit

FTC stops Sanctuary Belize land scheme

Every summer at the beach, we see billboards and flags advertising tours of sandy acres. The signs claim these empty stretches will become new communities, and that living here will be amazing — in a few years. Before you pay to build a castle in the sand, you need to do a lot of research and get some professional advice. The deal might not be as amazing as advertised, and, if a scammer is behind it, it’s not the deal for you.

Blog Topics: 
Homes & Mortgages

Veterans: We thank you

November 11 is Veterans Day, a time to commemorate former servicemembers and recognize their service to the nation. In the U.S. today, there are more than 20 million veterans. Whether they’ve been out of the service for days or decades, they can benefit from Military Consumer’s tips on managing money, avoiding scams, and making the most of their service-related benefits.

Blog Topics: 
Money & Credit

Do you have a 2012, 2013, or 2014 VW Passat TDI?

If you have a 2012, 2013, or 2014 Passat 2.0L TDI and got the approved emissions modification, Volkswagen has identified a potential problem with the “fix” it installed on your car that needs your immediate attention. If you have one of those vehicles but haven’t gotten the modification, you must make an important decision very soon. You’ll be getting a detailed letter in the mail from VW about this, but in the meantime, here are some key facts.

National Veterans Small Business Week

According to a 2017 report from the Small Business Administration (SBA), veterans own more than two and a half million businesses. That’s nine percent of all U.S. companies. Veteran-owned firms employed more than five million people and paid $195 billion in annual payroll. To highlight these businesses, the SBA has designated November 5 – 9 as National Veterans Small Business Week. The SBA’s Office of Veterans Business Development offers specialized guidance and support for veteran entrepreneurs, including programs for women veterans and members of the Reserve and National Guard. The Federal Trade Commission also has tips and tools especially for small businesses. Here are a few examples of resources to help protect your customers, employees, and the bottom line.

Blog Topics: 
Jobs & Making Money

Rest insured, you can avoid fake healthcare plans

If you’re looking online for health insurance, there are lots of results that seem to offer good choices. But dishonest companies are literally banking on your being confused by all those choices. So, before you sign up and pay, take steps to know you’re getting exactly what the plan advertised. Otherwise, your so-called “coverage” can leave you exposed to substandard benefits and costly payments.

Blog Topics: 
Money & Credit

Spear phishing scammers want more from you

“I’m calling from [pick any bank]. Someone’s been using your debit card ending in 2345 at [pick any retailer]. I’ll need to verify your Social Security number — which ends in 8190, right? — and full debit card information so we can stop this unauthorized activity...”

 

Don’t get swamped buying a flood-damaged car

In the wake of the recent hurricanes, used car buyers should use caution: Storm-damaged vehicles are sometimes cleaned up and taken out of state for sale. You might not know a vehicle is damaged until you take a closer look or have a mechanic check it out.

Here’s what to do:

Blog Topics: 
Money & Credit

Hang up on spoofed SSA calls

If you get a call that looks like it’s from the Social Security Administration (SSA), think twice. Scammers are spoofing SSA’s 1-800 customer service number to try to get your personal information. Spoofing means that scammers can call from anywhere, but they make your caller ID show a different number – often one that looks legit. Here are few things you should know about these so-called SSA calls.

Rental listing scams after a hurricane

If you, or someone you know, were displaced after Hurricane Florence or Michael, finding a new place to live is a priority. But before you pay any money, be cautious of rental listing scams. Scammers often advertise rentals that don’t exist to trick people into sending money before they find out the truth.

Blog Topics: 
Homes & Mortgages

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