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Silver and golden opportunities?

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?

Blog Topics: 
Money & Credit

How to avoid imposters: 4 videos you need to see

A person pretends to be someone you trust and tries to convince you to send them money. They’re called imposter scams, and scammers use all kinds of angles to make their stories sound believable. If you — or your friends and family — haven’t been targeted by one yet, it’s almost certain you will be.

Learn how to fight fraud – at your library!

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.

 

Blog Topics: 
Money & Credit

Student debt relief schemes targeted by FTC

Do you have a lot of student debt? Wish it would disappear? You’re not alone. Scammers know that people are struggling with debt. They’re targeting borrowers with phony student loan debt relief schemes that can make things worse.

Today the FTC and the State of Florida announced lawsuits against two student loan debt relief schemes — Consumer Assistance Project and Student Aid Center. The FTC also announced a settlement in a case we wrote about earlier this year.

Blog Topics: 
Money & Credit

FTC bans hundreds of mortgage assistance and debt relief operations

On the heels of the FTC’s List of Banned Debt Collectors comes the sequel: The FTC’s List of Banned Mortgage Relief and Debt Relief Companies and People. Why would someone be banned? Well, here’s the story.

Blog Topics: 
Money & Credit

Federal student tax? No such thing.

Imposters posing as IRS agents are trying to trick college students into paying a “federal student tax” – a tax that doesn’t even exist.

Before you get on the brain train…

What if you could substantially improve your school grades, standardized test scores, athletic performance, and future earning abilities? You might be interested, right?

That’s just what ads from LearningRx Franchise Corporation, the company that runs a network of more than 80 learning centers, promised its “brain training” programs could do. Some ads went further, claiming the programs are clinically proven to help permanently overcome the symptoms of ADHD, autism, age-related cognitive decline, Alzheimer’s disease, strokes, and traumatic brain injuries. Customers often spent thousands of dollars for the company’s programs, which could take months to complete.

But before you get on the brain train, know this: These claims are unproven, according to an FTC complaint. Learning Rx has agreed to settle the FTC's charges.

Blog Topics: 
Health & Fitness

Privacy in your hands

Do you know how to keep your personal and financial information safe? Or what to do if a scammer misuses your information? Now is a great time to find out. May 16-20, 2016 is Privacy Awareness Week, an initiative of the Asia Pacific Privacy Authorities Forum. The Forum lets privacy agencies in the region share information about privacy practices and rules.

This year’s theme is Privacy in Your Hands, and focuses on practical steps you can take to help keep your information private and safe year-round.

Buying prescription eyeglasses? Your rights are clear

The FTC’s Eyeglass Rule makes it easier to comparison shop – which can help you save money. The Rule gives you the right to get your prescription from your eye doctor – whether you ask for it or not – at no extra charge. You can use the prescription to buy eyeglasses wherever they are sold – from an eye doctor, from a store, or online. Cost and quality can vary a lot from seller to seller, so it pays to shop around for the best deal.

1.	Your eye doctor must give you your eyeglass prescription after your exam. It’s the law.

Blog Topics: 
Health & Fitness

Scammers push people to pay with iTunes gift cards

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.

Blog Topics: 
Money & Credit

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