Scam Articles

Latest scam reports and fraud warnings to keep you informed and protected from financial traps, identity theft, and deceptive schemes.

Cease and Desist Order Against Vehicle Service Contract Marketers. SafeData Management Services, Consumer Direct Warranty Services, Warranty Administration Services, Warranty Administrative Solutions.

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California Insurance Commissioner Steve Poizner today filed a cease and desist order against two California men and several corporations for allegedly operating unlicensed insurance companies and using deceptive and illegal telemarketing. Robert Lewis Chapman, James C. Sletner and several corporations they own and manage, including SafeData Management Services, Inc., d.b.a. Consumer Direct Warranty Services, Warranty …

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Credit Repair Boss Steals Nearly a Million Dollars from Best Buy

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In 2006, Joseph A. Graziola, III was charged by the Federal Trade Commission for his fraudulent credit repair activities under his company Bad Credit B Gone. This case ended with a $322,047 judgment against Graziola. Bad Debt B Gone was nailed for making the same old stupid and fraudulent promises of removing accurate but negative …

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More Arrests in Mortgage Refinance Scam in Calabasas, California

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This is an update on a previous article, Three Mortgage Brokers Arrested in Handcuffs from Mortgage Refinance Scam. In a continuing probe into a defunct Southern California mortgage brokerage, Attorney General Edmund G. Brown Jr. today announced the arrests of president and co-owner Sean McConville and two associates who used “deceptive promises and forged documents” …

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Breaking Down the Misleading and Deceptive Financial Sales Pitch From the Get Real With Dave Burke Radio Show

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I admit, using the words misleading and deceptive is pretty strong language to use to describe a radio show. In this case it is the “Get Real With Dave” Dave Burke radio show. Burke has been on the air buying time for at least a couple of years. Until May, 2010 he was pitching his …

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Construction Company Avoids Having Their Bank Account Artificially Stimulated

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A Nebraska construction company avoided being scammed out of thousands of dollars, thanks to the help of its bank. The company, Midcon Construction Inc., received a letter April 20 that appeared to be from the U.S. Department of Transportation. The letter requested the company provide financial information to be eligible for procurement. The employee faxed …

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I Heard About a Government Program That Will Reduce Your Debt Without Hurting Your Credit. – Judy

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“Dear Steve, My partner and I started a small business in 2000 and used our credit cards for the start up and for cash flow when business was slow. At the peak of our indebtedness, we owed $103, 000 dollars in credit card debt. Now, my partner owes roughly 28k, I owe about 26k. In …

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We Are Supposedly Clients of Credit Card Defense Network (CCDN) But They Won’t Answer the Phone. – James

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“Dear Steve, WE WERE WITH AND STILL ARE SUPPOSEDLY WITH CCDN,BUT CANNOT MAKE ANY KIND OF CONTACT,NOW SUPPOSE TO TRY AND GET IN TOUCH WITH LOCK & ASSC. WOULD ME AND MY WIFE BE ABLE TO GET INTO THE CLASS ACTION LAWSUIT THAT IS GOING ON,SINCE WE HAVE BEEN TAKEN TO THE CLEANERS ON THIS?SINCE …

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Avoid Automated Calls Promising to Reduce Interest Rates

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FTC Warns Against Credit Card Interest Rate Reduction Scams U.S. consumers are being inundated with prerecorded “robocalls” from companies claiming they can negotiate lower credit card interest rates – for a fee. The Federal Trade Commission urges extreme skepticism about these offers, because many of them are fraudulent. In a new consumer alert, Credit Card …

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Mother-Daughter Team Pretend to be from Credit Card Company and Call Widowers for Money Owed by Deceased Spouse

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A mother and daughter team out of Niles Michigan, 44-year-old Bettye Turnbo of Niles and her daughter, 27-year-old Christina Turnbo were arrested after they had been using the obituaries to call the surviving spouses of dead seniors and telling them the dead spouse owed money and they had to pay up. The Turnbo’s allegedly then …

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