Latest Posts

Fraud

Welfare and Benefit Fraud Statistics Show a Disturbing Pattern

Food stamp or SNAP fraud seems to at relatively low measured levels.

For some reason I’ve been getting a lot of questions and statements from people that feel that there is a tremendous amount of benefit or welfare fraud taking place. Is there fraud in benefit systems? Without a doubt I’m positive there is. But the level of welfare or public benefit fraud is a much disputed figure. So to find out ... Read More »

Man Used Others Credit Cards for 20 Years to Stay in Hotels

Screen Shot 2012-10-28 at 11.09.51 AM

Jeffrey Hawkins, 49, was busted by cops for trespassing at a Disney hotel and during the confrontation, Hawkins, who was now tired of running, blurted out the details on his two decade credit card fraud escapade. I guess he was tired of looking over his shoulder. “Hawkins then began to confess that he has been committing credit card fraud since ... Read More »

Couple Faces Serious Jail Time For Their $25 Million Nationwide Telemarketing Fraud Scam

Kara Singleton Adams, from Georgia, was found guilty last week on charges of wire fraud, conspiracy, and structuring financial transactions, relating to a $25 million nationwide telemarketing fraud scheme. Already convicted in this scheme are three co-defendants including Adams’ husband, Jason James Eyer, James Adolph Schoenholz, and Brittany Dunphy. All three pleaded guilty to related charges before Adams’ trial and ... Read More »

Glenn Beck-Endorsed Goldline Charged With Fraud

If you’re familiar with those old television ads with the likes of Glenn Beck and other conservative political figures endorsing the company Goldline you’re more than likely aware of the deals they offered for consumers to buy gold in order to protect families in these rough economic times. Over a year ago ABC Good Morning America’s Brian Ross started an ... Read More »

Treasury Reports An 88 Percent Increase In Mortgage-Fraud Since 2010

Banks are re-examining loans that took place during the housing boom and are now finding problems which has resulted in a large jump of reported mortgage-fraud. Reports are showing an 88 percent jump in the second quarter according to the Treasury Department. “Most of the mortgages suspected of fraud closed during the height of the real-estate bubble, the financial-crimes division ... Read More »

Homeowners In Financial Distress Lose Over $1.2 Million To Mortgage “Rescue” Fraud

To the tune of a MasterCard commercial: $4.7 million in fradulent mortgage loans… $944,224 lost by lenders…. $1.2 million lost in equity to homeowners…. Shameful. Mary Ann Dean and Charles Donaldson pleaded guilty to the charge of conspiracy to commit wire fraud in connection with a mortgage fraud scheme of Sunset Mortgage Company. Dean was a loan originator and operator ... Read More »

FTC Proves EDebitPay, Dale Cleveland and William Wilson are Crazy to Think That Would Fly

justball-144x125

In 2008 the FTC went after EDebitPay, Dale Cleveland and William Wilson charging that they made unauthorized debits from consumers’ bank accounts and deceptively marketed prepaid debit cards and short-term loans. The settlement order permanently barred them from making future misrepresentations or unauthorized debits. But flash forward to more recent days when the crew was marketing a “$10,000″ credit line” ... Read More »

Kirkland Young & Attorney Aid Companies Pay 2.2 Million and Banned from Mortgage Relief Business

Under a settlement with the Federal Trade Commission, two companies and three individuals are banned from the mortgage relief services business and must relinquish $2.2 million in assets for consumer refunds. The action is part of the FTC’s ongoing effort to stop scams that target financially strapped homeowners seeking mortgage relief. In November 2009, the FTC alleged that Kirkland Young ... Read More »

FTC Kicks It Up a Notch Against Scams That Target Financially-Strapped Consumers

justball-144x125

The Federal Trade Commission today stepped up its ongoing campaign against scammers who falsely promise guaranteed jobs and opportunities to “be your own boss” to consumers who are struggling with unemployment and diminished incomes as a consequence of the economic downturn. “Operation Empty Promises,” a multi-agency law enforcement initiative today announced more than 90 enforcement actions, including three new FTC ... Read More »

Active Duty Soldiers Harassed For Debts With Threats Of Family Being Arrested

justball-144x125

photo © 2007 The U.S. Army | more info (via: Wylio)I would like to preface this next news story with my exact facial expression. I encourage you join me. Please, if you would, raise your eyebrows, drop your jaw about an inch and let the fire rage in your eyes when you read about this latest fraud find. Stephanie Lowinger, ... Read More »

Nearly $700,000 and 27 Months Jail Due From Texas Energy Company Bookkeeper for Embezzlement

justball-144x125

More than $659,000 was embezzled by Constance Bexley Iwanski, a Texas energy company bookkeeper. Iwanski will face up to 27 months in federal prison and be required to pay the company their money back. Iwanski had been with the company for 31 years and had been solely in charge of the books for 17 years. Between December 2002 and December ... Read More »

Advanced Fee Loan and Credit Repair Scam Mastermind – Arrested by FBI.

For six months Edward Louis Molz III, under the name Frank Sullivan, scammed 247 small business owners in an advance-fee scam under a phony corporation called 3rd Street Financial LLC. According to the Criminal Complaint and Affidavit of Special Agent Deen Abbott filed, the Dallas Division of the FBI received complaints from 44 victims between a time span of 13 ... Read More »

Gas Pumps Steal Credit Card Information. Cops Use MySpace Photos for Arrest.

mints1

Two men were sentenced recently to prison for their role in stealing more than $90,000 from some 200 people in Northern California by stealing personal financial information with a sophisticated skimming device placed inside ATM and credit card payment devices at gas station pumps. On January 22, 2011 in Contra Costa County Superior Court in Martinez, the two men pleaded ... Read More »

Business That Charged Cards Without Authorization Settles With FTC

justball-144x125

Defendant Banned from Internet Businesses that Access Consumers’ Bank Accounts Defendants in an operation that the Federal Trade Commission alleged stole millions of dollars from consumers by making unauthorized charges and debits to their bank accounts have reached settlement agreements with the FTC. In Operation Short Change – a July 2009 crackdown on scammers taking advantage of the economic downturn ... Read More »

Credit Card Thief Talks About How Easy it is to Steal Your Information

justball-144x125

photo © 2008 rikkis_refuge | more info (via: Wylio)CreditCards.com published a piece recently that talks with a former credit card thief, Dan DeFelippi, and he revels how easy it is to get into the fake credit card business. DeFelippi, 29, mostly made fake credit cards with real credit card information he bought online. “I would make fake IDs to go ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.