For years the friendly faces at Publishers Clearing House have been giving consumers hope that they’ve won or are about to win a fabulous prize. But does the company mislead consumers with deceptive sweepstakes promotions? In some instances, yes, a new report has found. [More]
Every time the doorbell rang when I was growing up, I knew without a doubt that it would be the prize crew from Publishers Clearing House on my doorstep with a big, fat check, and that I’d be able to keep myself in LEGO, Barbies and Pixie Sticks for a lifetime. But the actual odds of winning PCH’s “Forever” Prize — $5,000 per week for life — are about 1 in 1.215 billion.* As such, the doorbell usually heralded the Fuller Brush Man or one of my neighborhood pals, and I had to find money in the lemonade stand. [More]
Call your grandma: the BBB reports a big mailing of Publisher’s Clearing house scam letters went out on March 6th and March 20th, promising people big bucks in exchange for a hefty up-front fee. The fraudulent letters use the name Publisher’s Clearing House and Reader’s Digest but are sent by flim-flammers, not these organizations.The prize never materializes and the scammers dematerialize after you stop forking over bogus processing fees. One grandma, thinking she won $1 million, got taken for over $4,000. The fraudsters sent her a “downpayment” check of $6,000 and told to deposit it and send $3,700 of it elsewhere to claim her million-dollar-prize. Inside, what the scam letter and check look like so you know what to call your grandma and tell her to watch out for.