Advertisements on TV may promise to modify car loans and keep the repo man at bay, but some companies fail to carry through on their promises. To prevent fraud the Better Business Bureau (BBB) recommends that cash-strapped consumers save their money by trying to work out a deal with the lender directly before paying out [...]
With the economic downturn many people have seen their finances and credit scores go south. A poor credit score can make it hard to rent an apartment or do any number of things essential to daily living. So an online advertisement offering a credit protection number (CPN) to clean up your credit score may sound [...]
A “Dislike” button is the latest in a string of fraud scams circulating on the social networking site. It purports to offer users a way to express their aversion to links, videos and other annoying content posted by friends on Facebook, as an alternative to giving a thumbs up with Facebook’s “Like” button. To get [...]
Hundreds of online businesses are finding inactive Social Security numbers online –most of which are assigned to children under 18 who have not started using them – and selling them under different names to help people establish fake credit. The scheme may lead to significant debts that might be almost impossible to pay off.
Which leaves [...]
An undercover congressional investigation into recruiting tactics at for-profit colleges and universities found fraudulent and deceptive marketing practices at 15 institutions in 6 states, including Texas, and in the District of Columbia.
Carried out by the Government Accountability Office, or GAO, the investigation didn’t name individual schools, but highlighted a Texas school for encouraging undercover applicants [...]
A college graduate from the Art Institute of Fort Lauderdale – a for-profit college owned in part by Goldman Sachs – unable to find gainful employment in her chosen field of video game design, has turned to stripping and now makes between $400 and $1,000 per week.
Carrianne Howard, a stripper at the Lido Cabaret in [...]
A study released this year by SpiderLabs, a part of the data-security consulting company Trustwave, found that 38 % of the credit card hacking cases last year involved the hotel industry. The sector was well ahead of the financial services industry by 19 percent, retailing 14.2 percent, and restaurants and bars 13 percent..
Hackers hit hotels [...]
Federal investment regulators issued a warning this week about a sophisticated and fast-growing fraud that trolls social networks for victims and has already cost investors hundreds of millions.
Using advertisements on Facebook to lure in initial victims, who are then convinced to inadvertently con their friends, so-called “high-yield investment program” scams have gone viral, spurring [...]
Senate Finance Committee Chairman Max Baucus ( D-Mont. ) and Ranking Member Chuck Grassley ( R-Iowa ) provided recent findings from their ongoing inquiry into diabetes drug Avandia to the Food & Drug Administration ( FDA ) on Monday. The Finance Committee inquiry uncovered documents suggesting that GlaxoSmithKline, the manufacturer of Avandia, failed to [...]
The SEC’s $550 million settlement with Goldman Sachs fraud is naturally being celebrated by the feds as a major victory, “the largest penalty ever assessed against a financial services firm in the history of the SEC.” Maybe. I think there’s another way to look at it.
Goldman’s net income was more than $13 billion in 2009. [...]
Protect yourself against fraud. Join our newsletter and receive the latest fraud alerts in your email.
|
AntiVirus Protection Against Fraud Compare and Get Free Trials. More |
Loading ...
Follow Us on Twitter
English