We’ve seen the Chase Ink credit card that has been promoted for the last year or so. Apparently, they found a loophole in the new credit card legislation that was recently passed, the Credit Card Accountability and Responsibility and Disclosure Act of 2009, or Card Act as it is known.
Apparently the legislation was written in [...]
Another work-at-home opportunity that seems to be questionable fraud at best. Like clockwork, a consumer alerted the BBB to another one, this time a data-entry job that she’d come across via a search at http://www.hotjobs.com. The company in question, Data Direx Jobs. They claim “You are guaranteed to make money from home,” and that you [...]
Be cautious of any personal loan offers you find online and avoid falling for what is known as the – “Advance Fee Loan Scam” fraud.
According to a slew of recent complaints, Assurance Financial Services has been offering these small personal loans on their website. But these loan offers are nothing more than a fraud [...]
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 [...]
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 [...]
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. [...]