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California AG Arrests Three, Including Public Notary, in Mortgage Elimination Scam

California AG Seal

Attorney General Kamala D. Harris today announced the arrest of three suspects who have been charged in a mortgage fraud scheme targeting struggling Northern California homeowners. Six websites allegedly used by the suspects to advertise their scheme have been intercepted and redirected to a resource page on the California Attorney General’s website. The felony complaint alleges that Ronald Vernon Cupp, ... Read More »

    Innovative Wealth Builders Finally Shutdown by FTC

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    Tampa Telemarketers Alleged to Have Falsely Promised To Save Consumers Thousands on Credit Card Debt At the Federal Trade Commission’s request, the U.S. District Court for the Middle District of Florida has temporarily shut down Innovative Wealth Builders, Inc. (IWB), which allegedly operated a credit card interest rate reduction scam, pending resolution of the FTC’s cases against the operation. The ... Read More »

      FHTM Path to Financial Independence Scam Stopped by FTC

      ftc

      At the request of the Federal Trade Commission and the states of Illinois, Kentucky, and North Carolina, a federal court has halted an allegedly illegal pyramid scheme pending trial. The FTC and the state attorneys general seek to stop the allegedly illegal practices of the Fortune Hi-Tech Marketing (FHTM) operation, which claimed consumers would make substantial income by joining the ... Read More »

        Timeshare Resale Scammers Barred From Business, Must Pay Millions

        ftc

        FTC Alleged that Defendants Falsely Claimed They Had Buyers Lined Up for Consumers’ Properties As the result of a Federal Trade Commission action, the operators of a scheme that allegedly deceived consumers who were trying to sell their timeshare properties are permanently banned from the timeshare resale business, and from all telemarketing, and one of them has been ordered to ... Read More »

          Jeremy Johnson and I Works Drag Family Down. Mansion and Silver Bars to Go.

          ftc

          This enterprise hit my radar about 18 months ago when I wrote BadCustomer.com Investigative Report. Is it a Scam or Something You Need to Be Afraid Of? The story of the fall of Jeremy Johnson is one for the record books. Another sad tale of a tumble from philanthropist to incarcerated. The Federal Trade Commission has asked a federal court ... Read More »

            FTC Awarded Millions in Action Against Business Coaching Marketers

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            Ivy Capital Allegedly Took Millions from Consumers Trying to Run Their Own Online Businesses Most of the defendants in a massive business “coaching” scheme that allegedly took more than $100 million from consumers have agreed to settle Federal Trade Commission charges that they misrepresented the earning potential of the coaching program they sold, misrepresented their goods and services, and failed ... Read More »

              Tax Club Nailed by Federal Trade Commission

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              The Federal Trade Commission and the New York and Florida Attorneys General charged The Tax Club’s telemarketing operation with deceiving consumers who mistakenly believed its services would help their home-based business succeed. The agencies seek to end the allegedly illegal practices as part of their continuing efforts to stop scams that target financially strapped consumers. At their request, a federal ... Read More »

                Defendants in Dominican Mortgage Assistance Scam that Allegedly Defrauded Spanish-Speaking U.S. Homeowners Settle FTC Charges

                ftc

                Telemarketers Who Allegedly Falsely Claimed Affiliation with Federal Mortgage Assistance Programs Are Banned from Mortgage Assistance Business As part of its continuing crackdown on scams that target consumers in financial distress, the Federal Trade Commission obtained a settlement order resolving charges against a nationwide scam operating from the Dominican Republic and banning the defendants from providing mortgage assistance relief. Pretending ... Read More »

                  Foreclosure Rescue Scheme Company Owners Sentenced to Years in Jail

                  mans hands behind bars in jail or prison

                  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 Florida. Coombs was convicted of ... Read More »

                    Yellow Page USA Scam – FTC Cracks Down

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                    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 thinking they have open and ... Read More »

                      CrediSure America is a Scam Says FTC

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                      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 describes themselves by saying: Our ... Read More »

                        FTC Crackdown on Get Rich Quick, Work From Home, and Biz Op Schemes, Sends Message

                        doj_finance

                        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 participating in Operation Lost Opportunity. ... Read More »

                          Office of the Comptroller of the Currency Money Waiting – Scam Alert

                          Example of scam document being sent to consumers.

                          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 OCC and other government ... Read More »

                            BestBuyDrawing.com – Scam Alert

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                            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 it in the comments below. ... Read More »

                              FTC Chases Down a Couple More Debt Relief Companies Promising Magic Interest Rate Reductions

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                              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 their sweep. These additional companies ... Read More »

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