Each year, fraudsters target vulnerable, trusting Americans by claiming that they can make their lives better. But when all the chips have fallen, these seemingly legit businesses often turn out to be just the opposite. While some of these operations will face the wrath of federal or state regulators, their victims are often left with little. [More]
Operation
Feds Shut Down Multimillion-Dollar Debt Relief Scam
By 5.23.17 — Updated: 5.25.17
A phony debt relief operation that bilked tens of millions of dollars from individuals — including the disabled and elderly — based on the promise it could lower their debt burden is out of business after a federal court temporarily halted the scheme. [More]
$5M Credit Card Skimming Scheme Nets Man Seven Years In Jail
By 5.4.16
A high-ranking member of the largest card-skimming operation in the U.S. will spend the next seven years in prison for his part in a scheme that used ATMs at several national banks to steal $5 million from credit card accounts.
