While the news is filled with reports of various frauds perpetrated on American consumers, one particularly nasty scam doesn’t make as many headlines because it preys almost exclusively on recent Spanish-speaking immigrants who think they are paying for quality legal advice but instead get someone with nothing more than a notary stamp. [More]
Last week, news broke that a sweatshop in Queens, NYC was producing clothing for several large U.S. retailers, while overworking its mainly Chinese immigrant employees and cheating them out of wages. At the time, Macy’s announced it was cooperating with New York’s Department of Labor and investigating the matter internally. Now the company has confirmed that it never did business with the sweatshop—in fact, it investigated it twice in 2007 while evaluating potential suppliers and rejected it for shoddy record keeping. Use your crazy Macy’s coupons all you want, readers.
In the latest sign of the U.S. banking industry’s aggressive pursuit of the Hispanic market, Bank of America Corp. has quietly begun offering credit cards to customers without Social Security numbers — typically illegal immigrants.