Everyone loves bargains, and there are some discount cards that are worthwhile. However, if someone calls you up and offers to sell you a discount travel card for only $500, save your money for your actual travel instead. One woman who purchased one of these cards wishes that she had saved her money instead: now that she’s bought the card, she can’t actually reserve any travel. [More]
Whenever we tell readers that it’s important for them to file complaints when they receive illegal robocalls, some inevitably respond that they believe it’s pointless and nothing ever comes of their gripe. But today, the FCC announced a nearly $3 million fine against a robocalling telemarketer following complaints from consumers who took the time to speak up. [More]
We told you last summer about the New Jersey couple who pleaded guilty to charges they swindled millions of dollars from consumers through bogus “travel clubs” that promised discount travel deals but never delivered. Today, the husband was sentenced to seven years in prison while his wife got off with five years of probation. [More]
When you successfully convince your credit card company that you were scammed out of thousands of dollars and that a chargeback should be issued, you’d think that would be the end of the story, but not for one Chase credit card customer who just found out — two years after receiving the money back — that Chase now says the refund is actually a forgiven debt, and that he must pay income taxes on it. [More]
After years of tricking New Jersey residents into paying millions of dollars to bogus “travel clubs,” a husband and wife scammer team have entered guilty pleas, and at least one of them will probably spend a few years behind bars. [More]
How do you define a scam? Does your definition include anything where you have to put down money upfront in order to get discounts later? Maybe it should. Meet Stephen and Jean Liang of Kansas City, Missouri. They went to a presentation for a travel club, and ended up joining for $7,500– with the condition that they could cancel after 3 days. Before they left, they were offered a discount for Red Lobster. They thought it was a bonus for joining the club. It wasn’t.