Dumpster-Divers + Phishers + Hackers – 5 Ways to Stymie Thieves

It’s too easy to steal someone’s identity and drain their bank accounts today. Common schemes criminals use to steal someone else’s identity include dumpster-diving to steal unshredded bills and other documents containing personal information; sending suspicious emails or phishing scams to trick victims into revealing account numbers and passwords; stealing mail to obtain preapproved loan…

Got Screwed by Financial Services? You Gotta Friend in the CFPB

The Consumer Financial Protection Bureau (CFPB) has received over 1,218,600 complaints as of June 1st. Debt collection and mortgage-related complaints account for 50% of the roughly 1.2 million complaints the Bureau has received.  Though the Bureau only began accepting debt collection complaints in July 2013, debt collection has been the most complained about product or…

Elder Abuse Awareness – Share Resources & Report Bad Stuff

Elder financial exploitation is one of the most common and devastating forms of elder abuse. It can destroy the financial security of an older adult at a vulnerable stage of life. Financial exploitation can negatively impact physical and emotional health, or shorten an older person’s lifespan.  Few cases of financial exploitation, relative to the number…

8 Ways to Protect Elders From Scams, Fraud & Financial Abuse

Nearly $3 billion is lost annually to scams explicitly targeting seniors. Older Americans currently hold more than two-thirds of all U.S. deposits, making them highly susceptible to scams, exploitation and abuse.  Therefore it is imperative older Americans and their caregivers join the fight against financial abuse and take active steps to protect their finances from…

Credit Card Robocall Fee-Based Fraudsters Get Slammed

For four years an intertwined web of Orlando-based individuals and companies bombarded consumers with illegal robocalls from “Card Member Services,” pitching worthless credit card interest rate reduction programs. Today, at the request of the Federal Trade Commission and the Florida Office of the Attorney General, a federal district court judge has entered eight orders against…