There are a lot of purchases you can make with the information on the front of a credit card. But ID thieves who have the card number, name, and expiration date will still hit a speedbump if they have to enter that (usually 3-digit) security code on the back of a victim’s card. Notice that we said “speedbump” and not “dead end,” because some scammers have figured out how to get this crucial info from their victims. [More]
scams
Google Launches New Tool To Protect Consumers’ Password Security
By 4.29.15
Sometimes cyber criminals do such a good job camouflaging their ploys to steal consumers’ personal information that you might not recognize that the site you just entered your password on isn’t a legitimate login page. In an effort to combat such ruses, Google has created a new tool for its Chrome browser that aims to ensure users’ passwords don’t end up in the hands of ne’er do wells. [More]
Telemarketer Penalized $3.4M For Scamming Elderly Into Paying For Unwanted Medical Alert Service
By 4.23.15
Two years ago, the Federal Trade Commission shut down a Brooklyn-based telemarketing scheme that bullied elderly consumers into paying for a medical alert service they never ordered or wanted. Now a federal court has hit the telemarketer’s repeat-offender operator with a $3.4 million penalty. [More]
Robocalling Phantom Debt Collector Accused Of Harassing, Defrauding Consumers
By 4.8.15
People hate debt collectors, perhaps as much as, if not more than, they despise robocalls from telemarketers. And phantom debt collectors — those who attempt to collect debts that aren’t owed to them, if at all — are among the worst of the bunch. So when you combine the automated recorded messages of robocalls with the incessant harassment of phantom debt collectors, you create a particularly loathsome Frankenstein’s monster. [More]
How ‘Notario’ Fraud Preys On Language Differences & Can Result In Unfair Deportation
By 4.2.15
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]
FTC Shuts Down Credit Repair Business Masquerading As The Federal Trade Commission
By 3.27.15
Fraudsters have been known to scam unsuspecting consumers by claiming to be agents with the federal government. So, in a bit of poetic justice, the Federal Trade Commission had a hand in shutting down a business calling itself the “FTC Credit Solutions.” [More]
Watch Out For Fake Magazine Renewal Invoices
By 3.24.15
When you subscribe to a magazine and a subscription renewal form arrives in the mail, you pay the invoice and keep the magazines coming, right? No, not quite: at least, not if your address and subscription information have fallen into the hands of a company called Subscription Billing Service, which customers say collects money without bothering to mention that they have no relationship to the magazine publisher. [More]
Contractor Steals Homeowners’ Valuables, Demands Cash For Their Return
By 3.20.15
It’s certainly not unheard of to have your things stolen by workers with access to your home, but most of them don’t have the gall to justify their theft by saying the victim should pay a ransom because the thief’s boss doesn’t pay them enough. [More]
Card Skimmers Still Found On Bank Lobby Card Readers
By 3.17.15
Alert Consumerist readers know to check ATM card readers for signs of skimmer attachments, PIN pad capture devices, and video cameras to avoid having ATM skimmer crooks drain your bank account. Yet these nefarious devices aren’t just found on cash machines and payment kiosks: some banks use magnetic card readers to protect ATM access after hours, and these can hold skimmers, too. [More]
No, Qantas Isn’t Giving Away Free First Class Tickets For Liking A Post On Facebook
By 3.16.15
It’s a Facebook post in which the company name is misspelled. It contends that an underwhelming number of passengers is reason to celebrate. It states that all you have to do to get free first class seats is to “Like” the post, and that “winner’s will be inbox’d on March 17.” Nothing about this seems legitimate, and yet more than 85,000 people thought it was worth a shot. [More]
FTC Orders Company That Swindled Tens Of Millions From Seniors To Pay $10M Judgment
By 3.12.15
We’ve said it too many times to count at this point, but scammers who take advantage of senior citizens are the worst. Today, the Federal Trade Commission made sure there was one less scammer out there by permanently barring the mastermind behind a multi-million dollar fraud from all future telemarketing activities. [More]
Why Do Robocalls Continue In An Age Of “Do Not Call” And Strict Telemarketing Rules?
By 3.12.15
Even though millions of Americans are on the federal Do Not Call list to limit unwanted telemarketing calls, and even though it’s illegal for anyone to make a commercial prerecorded robocall to a consumer who hasn’t given their express consent to receive such calls, the problem persists and is getting worse, with no cure-all solution in the offing. [More]
IRS Impersonation Scam Is Largest In History, Cost Consumers $15.5M
By 3.12.15
The 2015 tax season has been fraught with complications, from the fraudulent use of tax returns to the “dirty dozen” scams meant to tear consumers away from their money. During a Senate Finance Committee hearing exploring ways in which consumers could better be protected from such hustles, federal investigators divulged more information about one of the most prevalent tax-time scams in recent years, saying it has now targeted 366,000 taxpayers to the tune of $15.5 million. [More]
Scammers Are Taking More Money With Fake Boss Wire Transfer Schemes
By 3.10.15
So much business is conducted over e-mail now that in some offices, it might be routine to receive an e-mail from your boss telling you where to wire a large amount of money. That’s why the Business E-mail Compromise scam, or CEO Scam, is so plausible and devastatingly effective. Since the last time we discussed this scam, scammers stole more than $17 million from one firm in a single transaction. [More]
Police: Former Amazon Employee Siphoned Off $18,000 In Gift Card Balances
By 3.9.15
When you send someone a gift card, you do so under the assumption that no one with access to the card has been draining any of the balance. That’s what we assume when having a card sent to the recipient, or when mailing it ourselves: why check to make sure the whole balance is there? Police say that a woman fulfilling Amazon gift card orders took advantage of this for a few years, draining $18,000 in Amazon gift card balances to her own cards. [More]
‘Microsoft Tech Support’ Phone Scammer Threatens To Cut Man Into Little Pieces & Throw Them Into River
By 3.4.15
We already know that scammers use a variety of unsavory tactics when trying to take advantage of consumers; from impersonating federal agents to threatening jail time. But an alleged fraudster of the so-called “Microsoft Tech Support” scam took things to a decidedly nastier level when his hustle began to unravel. [More]
Telemarketers Accused Of Using Political Robocalls To Pitch Caribbean Cruise Packages
By 3.4.15
While people at various points on the political spectrum may disagree about many topics, one sentiment many of them share is a distaste for prerecorded phone calls from political organizations. Like them or not, they’re generally legal even if the recipient is on the federal Do Not Call list. But when you use a supposedly political telemarketing call to ultimately shill for a cruise line, you’ve crossed over into the dark side. [More]
Consumers Lost $1.7B To Scams In 2014, Imposter Crimes On The Rise
By 3.2.15
For the 15th consecutive year, identity theft topped the Federal Trade Commission’s list of top consumer complaints. But its reign could be coming to an end following a significant increase in the number of scams in which con artists impersonating government agents and law enforcement personnel part consumers from their money.
[More]
