Posts Tagged With ‘ FTC ’

Warn Aging Parents About Post-Disaster Scammers Devastating hurricanes, storms, tornadoes, flooding, and fires, across many parts of the U.S. leave people vulnerable. Aging parents, often far away from family, are especially at risk. When disaster strikes, scammers see opportunity. The waters after Ian haven’t even receded, and ripoff artists are already scheming how to take advantage of people. They move fast. They can get to your loved ones while they are still dazed and feeling lost. Scammers see confuses folks as a golden opportunity to get money. The Federal Trade Commission has issued a warning of... Continue Reading

It is a cruel farce. Scammers use the names of federal agencies charged with protecting citizens’ financial security to rip them off. The Consumer Financial Protection Bureau (CFPB) has confirmed the existence of a new scam in which someone purporting to be from the agency contacts individuals and tells them they are eligible for a payout in a class-action lawsuit. On one condition: to collect the money, the scammer says the taxes owed must be paid upfront. This is known as an imposter scam. Imposter scams involving other federal agencies – the IRS or the Social Security Administration –... Continue Reading