Latest scam reports and fraud warnings to keep you informed and protected from financial traps, identity theft, and deceptive schemes.
“Dear Steve, I am not sure this company is a fraud company. I was seeing if you can find that out for me? I was trying to get a loan online and this company called “Fairmount Financial Group” called and they wanted money up front because my credit score is not the greatest, so I …
Barrington Coombs, 58, of Weston, Fla., was sentenced to serve a year and a day in prison for his role in a foreclosure rescue scheme that victimized desperate homeowners on the brink of losing their homes, the Justice Department announced. Coombs was sentenced by U.S. District Judge Kenneth A. Marra in the Southern District of …
Maybe you are getting a flurry of junk faxes like I am from companies pretending they are collecting on invoices due for Yellow Pages advertising. On of the faxes I get regularly is from Yellow Page USA, which is actually located in Dubai, UAE. This and other fake invoices are designed to trick companies into …
The Federal Trade Commission is warning consumers about CrdiSure America which operates a site at ftcrefund.com which just whet online recently. The site attempts to sell a $399 credit repair blog and asks consumers for their bank information in order to get a refund due from the FTC for an imaginary refund due. The site …
Who thinks screwing consumers is a smart thing to do. Only the scammers. The Federal Trade Commission is concentrating efforts to protect consumers from fraudulent business opportunity programs and stomping on some of them very hard. As part of a coordinated attack on deceptive or bogus business opportunity programs, stated and federal agencies have been …
The government agency, Office of the Comptroller of the Currency (OCC) is warning consumers to be on the lookout for fraudulent messages that are intended to scam money out of consumers. The OCC says fictitious correspondence, allegedly issued by the Office of the Comptroller of the Currency (OCC) regarding funds purportedly under the control of …
The following information appears as a scam warning for consumers to avoid. The Pitch Consumers are reporting receiving text messages which say they are the winner of a $1,000 Best Buy gift card. This is a scam to get your personal information. If you receive a text message to visit BestBuyDrawing.com, ignore it and report …
The Federal Trade Commission announced some additional coordinated enforcement actions against companies that promised fraudulent debt relief help and interest rate reductions. Recently I wrote about actions the FTC took against Purchase Power Solutions and The Green Savers. In actions that had been under seal, the FTC announced these additional companies have been targets of …
The Federal Trade Commission will announce in the upcoming days a suit filed against a Florida company, The Green Savers and Elite Services, Advanced Data Solutions, Christopher Adams, Vikash Jawalapersad, and Pavac, Inc. It seems it has been a busy ten days for the FTC and it’s pursuit of deceptive debt relief schemes. For that …
I just stumbled across a suit filed by the Federal Trade Commission against a number of interrelated companies. Some of which we’ve written about before and some of which consumers have filed complaints about them with us. The FTC also went for a Temporary Restraining Order and seized the operations of ELH Consulting, Proactive Planning …