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When it Comes to Government Benefit Fraud You Are Wrong About Who Does It

When it Comes to Government Benefit Fraud You Are Wrong About Who Does It

I was talking with my debt coach friend Damon Day about benefit fraud. It has been about a decade since I last research the issue. Read Welfare and Benefit Fraud Statistics Show a Disturbing Pattern. If you listen to assumptions and opinions about who is behind benefit fraud, you might think the primary offenders are … Read more

Not a Shocker – Fraud and Intimidation in Marketing Pills, Powders, or Potions

The Federal Trade Commission is taking action against the Florida-based marketers of a line of weight-loss supplements who allegedly made baseless claims for their products, and then threatened to enforce “gag clause” provisions against consumers to stop them from posting negative reviews and testimonials online. In a complaint filed in federal court, the FTC alleges … Read more

Welfare and Benefit Fraud Statistics Show a Disturbing Pattern

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 benefits systems? Without a doubt, I’m positive there is. But the level of welfare or public benefits fraud is a much-disputed figure. … 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 … 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 … 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 … Read more

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

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 … 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 … Read more