CFPB: Servicemembers should secure their identity after the Equifax data breach

If you were one of the many servicemembers and their families affected by the recent Equifax data breach, it is time for you to secure your identity. Thankfully, active duty servicemembers have special tools at their disposal, like active duty alerts or a security freeze, to reduce the risk of identity theft.

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URGENT: Attorney General Becerra Reminds Victims of Western Union Wire Fraud Scams to Apply for Refunds ***DEADLINE TO APPLY FOR REFUNDS EXTENDED TO MAY 31, 2018***

URGENT: Attorney General Becerra Reminds Victims of Western Union Wire Fraud Scams to Apply for Refunds

***DEADLINE TO APPLY FOR REFUNDS EXTENDED TO MAY 31, 2018***

California Attorney General Xavier Becerra today reminded Californians who were the victims of wire fraud via Western Union to submit a claim in order to be considered for a […]

Top Ten Scams of 2017

Top ten scams of 2017 Bogus Internet merchandise sales continue to bedevil consumers, top complaint list.

In 2017, for the fifth consecutive year, the National Consumers League’s Fraud.org received more complaints about Internet merchandise scams than any other type of fraud, making up nearly one-third (29.39%) of complaints received.

Read the full report here.

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AARP to Launch BankSafe Financial Exploitation Identification Training California One of Twelve States Selected for Pilot Launch

California financial institutions have an opportunity to be on the frontlines of combating financial exploitation in our state. The American Association of Retired Persons (AARP) has partnered with more than 200 experts from banks and credit unions across the country to develop BankSafe, a first-of-its-kind, free training program that empowers frontline employees to identify […]

FTC: How the FTC keeps up on technology

How the FTC keeps up on technology

Because the FTC’s consumer protection and competition missions cut across so many technology industries, some call it the “Federal Technology Commission.” With only a few exceptions, the FTC protects consumers and competition across the entire economy. Technology now pervades every industry, so we constantly encounter new technologies as […]

FTC Alerts Consumers: If Scammers Had You Pay Them Via Western Union, You Can Now File a Claim to Get Money Back

FTC Alerts Consumers: If Scammers Had You Pay Them Via Western Union, You Can Now File a Claim to Get Money Back Company paid $586 million to settle charges

The Federal Trade Commission is alerting consumers who lost money to scammers who told them to pay via Western Union’s money transfer system between January […]

The SEC’s Office of Investor Education and Advocacy (OIEA) and Broker-Dealer Task Force are warning the more than 5 million Thrift Savings Plan (TSP) participants, and investors in other federal government employee retirement plans, that investment scam artists may pretend to be affiliated with a government agency.

The SEC’s Office of Investor Education and Advocacy (OIEA) and Broker-Dealer Task Force are warning the more than 5 million Thrift Savings Plan (TSP) participants, and investors in other federal government employee retirement plans, that investment scam artists may pretend to be affiliated with a government agency.

Federal government agencies, including the SEC, do […]

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 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 […]

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 […]