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Tag Archives: con artists

How to Avoid Being Scammed by a Foreclosure Rescue Promise or Plan

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Foreclosures are increasing nationwide, and so are scams that promise to “rescue” homeowners from foreclosure. What these scams do is take your money, ruin your credit record, and wipe out any equity you have in your home. Foreclosure con artists take advantage of people who have fallen behind on their mortgages and face foreclosure. Con artists know that people in ... Read More »

    New Scam Aimed At Desperate Consumers Looking For Government Loan or Free Government Money

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    According to the Federal Reserve, con-artists have unleashed a new scam aimed at consumers in financial trouble or desperate for a loan. The Federal Reserve Board on Tuesday alerted the public to instances of questionable solicitations directed at consumers. These solicitations promise consumers access to personal loans through a nonexistent Federal Reserve lending program. Under this fraudulent scheme, targeted individuals ... Read More »

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