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 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 “IRS” is on the phone. They’re saying you owe back taxes and need to pay immediately using cryptocurrency, or you’ll be arrested. You reach for your wallet but then think — WAIT — is this really the IRS? Or is it someone impersonating the IRS? According to the latest FTC data, impersonation scams were the top reported …
The Consumer Financial Protection Bureau (CFPB) has cracked down on a student-debt relief company for predatory behavior. The company, GST Factoring, was ordered to pay $11 million to 2,600 borrowers who were charged illegal upfront fees. The company was also banned from engaging in any debt relief services going forward. The CFPB’s investigation found that …
Student Loan Scam: 11 Million Returned to Students Read More »
Most of the time, if you send money to a scammer with a wire transfer, you don’t get money back. But if you paid a scammer through MoneyGram and filed a refund claim with Gilardi & Co., watch your mailbox. Refund checks worth over $115 million are on the way to almost 39,000 people whose …
$115 million goes to MoneyGram users who paid scammers Read More »
The FTC has launched a new process for returning money to former AT&T customers as part of a $60 million settlement with the company. So far, $52 million has been refunded. If you were an AT&T customer with an unlimited data plan between October 2011 and June 2015 and haven’t received a check from AT&T, …
AT&T Forced to Pay 60 Million for Improper Data Throttling Read More »
The Federal Trade Commission (FTC) is distributing payments of over $2.9 million to 20,402 individuals who were misled by Warrior Trading’s investment programs. Warrior Trading made false and unrealistic claims to sell a day trading system that did not deliver results for most customers. The FTC will send the payments via check and PayPal, and …
2.9 Million Returned to Consumers Harmed by the Warrior Trading Investment Program Read More »
Credit card debt can be stressful. Interest rates can be high, and if you miss or can’t make your full payments, that growing balance can be overwhelming. Enter a group of companies that promised to reduce or eliminate your credit card debt. (For a fee.) But did they? The FTC’s lawsuit against ACRO Services and related …
