The first thing to know is this: you don’t have to pay for help managing your student loans. If someone tries to charge you up front, before they’ve done anything, that’s your first clue that this is a scam. And nobody but a scammer will ever offer you quick loan forgiveness. Take, for example, Apex, a company …
Don’t pay for help with your federal student loans Read More »
The Federal Trade Commission and the Department of Justice are sending more than $9 million in refunds to consumers who lost money to Ameritech Financial, a student loan debt relief scheme operated by Brandon Frere, who was convicted of criminal charges in connection with the scheme. The FTC is sending payments to 22,562 consumers. Most …
Ameritech Forced to Pay 9 Million For Student Loan Debt Relief Scheme Read More »
Scammers want to gain your trust. That’s why they keep pretending to work for government agencies, including the Federal Trade Commission. They might use the names of real FTC employees, but the stories they tell are a bunch of lies. Scammers have a long list of tall tales they tell. They might say you won …
As a result of a Federal Trade Commission lawsuit, Publishers Clearing House (PCH) has agreed to a proposed court order that will require it to pay $18.5 million to consumers who spent money and wasted their time, and make substantial changes to how it conducts business online. In a complaint against PCH, the FTC charges that the company …
Publishers Clearing House to Pay 18 Million Settlement for Misleading Consumers Read More »
The Federal Trade Commission is sending payments totaling more than $3.3 million to consumers who were harmed by Arete Financial Group, a student loan debt relief operation that tricked consumers into making illegal upfront payments by pretending to be affiliated with the U.S. Department of Education and falsely promising student loan debt relief. In reality, …
The Federal Trade Commission is sending payments totaling more than $557,000 to consumers who paid money to GDP Network, LLC (YF Solution), a Florida-based telemarketing company that promised credit card interest rate reductions and regularly failed to deliver. The FTC is sending checks to 611 consumers. Recipients should cash their checks within 90 days as …
$557,000 Returned to Consumers Harmed by Credit Card Interest Rate Reduction Scam Read More »
As a result of a lawsuit filed by the Federal Trade Commission and the Utah Division of Consumer Protection (DCP), the principals of a Utah-based real estate investment training company will pay $15 million and be banned from selling money-making opportunities under a court order they have agreed to. In addition, two of the primary real …
If you got an email that seems to be from MetaMask or PayPal, stop. They’re phishing scams. The MetaMask fake says your cryptocurrency wallet is blocked. And, if you don’t act fast, click a link, and update your wallet, they say your crypto will be lost. The phony PayPal message says BNC Billing cancelled your payment to …
PayPal Invoice Email Scam: Cancelled Payment or Invoice Amount Due Read More »
The Federal Trade Commission is sending 11,446 checks and 66 PayPal payments, totaling more than $176,000, to consumers who bought clothing and accessories from Lions Not Sheep. The company was charged with using deceptive ‘Made in USA’ labels and advertising on clothing and accessories imported from other countries. Each of the payments is $15.30. Consumers …
Clothing Store Lions Not Sheep Forced to Pay $176,000.00 For Deceptive Advertising. Read More »
As a result of action by the Federal Trade Commission and the Commonwealth of Pennsylvania, debt collection company International Credit Recovery, Inc. (ICR), officer Richard Diorio, Jr., and manager Cynthia Powell, have agreed to a permanent ban from the debt collection industry after being charged with engaging in bogus debt collection efforts against businesses and non-profits. The FTC and …
Credit Recovery, Inc. Shut Down for Fraudulent Collection Practices Read More »
