ICYMI – CFPB takes action against Reverse Mortgage Companies for Deceptive Advertising

Last week the Consumer Financial Protection Bureau (CFPB) took action against three reverse mortgage companies for deceptive advertisements, including claiming that consumers could not lose their homes. The CFPB is ordering American Advisors Group, Reverse Mortgage Solutions, and Aegean Financial to cease deceptive advertising practices, implement systems to ensure […]

Mortgage Refinancing Scams Prey on Military

 

Mortgage Refinancing Scams Prey on Military

 

November 10, 2016 Service men and women are, unfortunately, often the targets of scams. One con that preys on military members is predatory lending, when unscrupulous companies use false promises to trick borrowers into bad loans.

 

How the Scam Works:

You get an offer – […]

FTC Military Consumer Toolkit

For military folks, financial decisions can have long-term effects on family life, security clearance, and mission readiness. In fact, the Department of Defense (DoD) has said that financial readiness is a critical part of the force’s mission readiness. It makes sense: when you know how to manage your money – and how to spot a […]

FTC Alert for Spanish-speaking victims of a mortgage relief scam

FTC Alert for Spanish-speaking victims of a mortgage relief scam According to the FTC, Brookstone Law and Advantis Law firms convinced homeowners to make an upfront payment to join a mortgage lawsuit against banks and lenders, supposedly to help them avoid foreclosure, get rid of their mortgages, or get money from their lenders.

FTC investigators […]

CDI Seniors Information Center

Seniors Information Center

Welcome to the California Department of Insurance (CDI) Senior Information Center. If you are a senior citizen, this website is especially for you. Seniors today face an increasingly difficult time when making decisions about insurance. Changing laws, more choices, and the threat of scams combine to make these decisions even more stressful.

[…]

FTC Acts to Stop Telemarketing Fraud Targeting Seniors

FTC Acts to Stop Telemarketing Fraud Targeting Seniors

At the Federal Trade Commission’s request, a federal district court in Arizona has temporarily shut down a fraudulent telemarketing scheme that allegedly bilked more than $9 million from thousands of consumers across the nation, many of whom are elderly and live on a fixed income, including military […]

Order FREE Consumer Financial Protection Bureau Publications. – Mail Fraud Alert (10×14 placemat)

CFPB Bulk Publications

Order FREE Consumer Financial Protection Bureau Publications.

The central mission of the Consumer Financial Protection Bureau (CFPB) is to make markets for consumer financial products and services work for Americans-whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.

You may […]

IRS Imposter Scams Infographic

IRS Imposter Scams Infographic

Scammers pretend to be IRS officials to get you to send them money.

https://www.consumer.ftc.gov/sites/default/files/articles/pdf/0519-irs-imposter-scams-infographic.pdf

FCC: Data breaches and you – a new video

Data breaches and you – a new video

By the FTC, Division of Consumer & Business Education

Another data breach. And this time, it’s your personal information. Take a deep breath. Then check out this new video from the FTC.

Go to https://www.consumer.ftc.gov/blog/data-breaches-and-you-new-video?utm_source=govdelivery

The video walks you through the steps to take if your information […]

From the BBB – Top Five Tips for Preventing Scams

Our Top Five Tips for Preventing Scams September 15, 2016 This month, BBB’s Scam Alerts turn five years old. What have we learned over the past half decade? A lot, it turns out. To celebrate the anniversary, we are sharing our top five tips for spotting a scam.

Scam Alert’s Top Five Tips:

[…]