Scam Tag: Investment

In multilevel or network marketing, individuals sell products to the public — often by word of mouth and direct sales. Typically, distributors earn commissions, not only for their own sales, but also for sales made by the people they recruit....

Crooks use clever schemes to defraud millions of people every year. They often combine new technology with old tricks to get people to send money or give out personal information. Here are some practical tips to help you stay a step ahead.

...

You might like your financial advisor to predict the future in ways that could help you get rich. But legitimate advisors won’t promise to know what comes next – and you shouldn’t invest with anyone who guarantees you riches. It’s kind of a rule...

The Senate Special Committee on Aging is holding a hearing today to examine deception associated with retail precious metals investments and their effect on people’s retirement nest eggs. The FTC, which has a track record of stopping deceptive...

As part of the Federal Trade Commission's ongoing efforts to stop scammers who target older people, the operator of a bogus precious metals telemarketing scheme that bilked millions of dollars from them is permanently banned from selling any...

Do you trust people more if they’re like you, or a part of your community? Scammers bet that you do. Every day, they take advantage of that unconscious trust.

It’s called “affinity fraud” — when someone in a group uses their membership in...

While Memorial Day is an opportunity to honor and pay tribute to all men and women who died in military service to our nation, every day is an opportunity to thank the veterans we know for their service. Unfortunately, though, not everyone has...

Nearly 23,000 people who lost money to scammers promising they could help them get free government grants will be getting $1.7 million in refunds, thanks to the efforts of the FTC.

Here’s what you need to know to avoid a similar scam:

...

If you’re a veteran over 65 — or related to one, you are a target for a particularly ugly type of scam that involves “poaching” your pension. Unscrupulous “advisers” — attorneys, financial planners, and insurance agents — are trying to sell you...

Investing in gold and silver may sound like a safe, low-risk way to make big money. But hidden fees, as well as a dealer’s failure to reveal how risky this type of investment really is, could cost you dearly.

The FTC recently announced a...

Pages