Lead Generation Firm Shuttered After Fleecing $MM From Consumers
A company duping consumers into filling out loan applications and sold those applications – including consumers’ sensitive data – to virtually anyone willing to …
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Fraud
DeVry U Slightly Mirrors the Trump U Scam — Coughs Ups a Bundle
While nowhere near the near criminal brazeness of the Donald Trump University scam, DeVry University got into serious hot water for misleading ads, which …
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 …
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 …
FTC’s Busy Week as the Scams Keep on Comin’
The Federal Trade Commission (FTC) nails a fake debt collection operation, sending refunds for a timeshare scam, and settled with a massive landline cramming operation. …
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 …
Darth Donald Seeks to Subvert CFPB & Draws Backlash — BIGLY
The U.S. Department of the Treasury released a report detailing recommendations on how to “improve” (destroy for the middle-class) the financial system, including potential …
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 …
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 …
Keepin’ Em Honest: CFPB Returns $12B Fleeced from Consumers
Under the leadership of Richard Cordray the Consumer Financial Protection Bureau (CFPB) has worked diligently to create a level playing field in financial markets …
