Well Bless Danny’s Heart – EAC Student Loan Contracts – Biz Op Refund

Today Damon Day and I talk about three quick topics. The first is a reader comment from our last podcast on debt validation. Danny sure is irritated by the podcast. Next, we talk about the termination of financing agreements for student loan assistance services. Finally, we discuss how the FTC is sending refund checks to … Read more

Have You Ever Heard of Frank Bishop and Prime Traffic Network?

Question: Dear Steve, I originally arrived at your website because I was scammed by the Real Talk network years ago. My question is have you ever heard of Frank Bishop? He proposes to be a self-made billionaire and has a web hosting/affiliate marketing program which with a CloudURL account ($104 for one year) and an … Read more

FTC Sending Refund Checks Totaling Nearly $940,000 to Consumers Who Lost Money in Fraudulent Business Opportunity Scheme

More Than 350 Checks Are Being Mailed Starting Today The Federal Trade Commission is mailing 358 refund checks totaling $ 939,207.78 to consumers who lost money after paying performance deposits to become business or sales consultants to National Business Consultants, Inc. (NBC) and its owner, Robert Namer. Consumers receiving checks initially will get more than … Read more

Seven Individuals Indicted in Multimillion-Dollar Business Opportunity Fraud Scam

Scheme Victimized More Than 1,000 Individuals throughout the United States The Justice Department announced today the unsealing of an indictment charging seven individuals in connection with a vending machine “business opportunity” that defrauded thousands of victims across the country.  The indictment was returned by a federal grand jury in New York City.  The following individuals … Read more

Motor Club of America (MCA) Looks Like a Biz Op to Avoid. Not What It Appears to Be.

An advertisement for Motor Club of America caught my eye recently. The recruitment advertisement for sales people said: “WOULD YOU LIKE TO MAKE MONEY? WHO DOESNT?! I JOINED A PROGRAM WHO HELPED ME GET OUT OF DEBT … SO NOW I WANNA HELP YOU GET MONEY LIKE I AM… I JOINED A PROGRAM WHO GIVES … Read more

I Am 22 Years Old, Cannot Pay My $200 Balance on My Credit Card But I Want to Start My Own Business. – Nick

Nick “Dear Steve, I’m 22 years old with a poor credit score due to some medical bills that went to collections when I was 18 I have one credit card that has a limit of 200 and is almost maxed but always make my payments on time and make double payments. I only have i … Read more