The greatest scams accompany the times of greatest need, and natural disasters are a match made in heaven for fraudsters.
Scam artists go where the money is. Forty-four percent of all wealth in America lies with older Americans. In addition, the concentration of people in this category is growing by 8,000 people per day as the baby boomers--those born after 1945 and prior to 1965--enter this peak wealth stage of their life in record numbers beginning in 2011.
Most people know Consumer Reports for its product tests and unwavering integrity. What most don't realize, however, is that it can also at the forefront of identifying critical trends.
Eventually we all realized emails telling us someone had died and we would be coming into millions were a scam.
People who are scammed almost always act alone without bringing anyone else into the process. If you can't find anyone else, try me.
Although only 36 percent of Americans who reported that they were victims of Internet scams in 2014 were over 50, 50 percent of the recorded losses were from our age group. Americans over 50 lost $339 million last year to online scammers.
What's scarier than a pile of blank college applications? How about being conned out of your college savings by the very people promising to help you pay for school. Thousands of students and parents are targeted by those seeking to capitalize on the public anxiety around tuition costs.
Rigging the lottery to win $14 million? It sounds like the plot of a fictional Ocean's Sixteen. However, it actually did occur, but in Iowa, not Vegas. The criminal never did profit from his crime, and was recently convicted on fraud charges.
Two days ago (August 24, 2015) at 12:49 pm Pacific time, I received a phone call, "This is a kidnap ransom demand call," that for a fleeting second I considered a joke. After my light response it was immediately made clear to me that I either "listen up!" or my daughter is dead.
If you are presented with an opportunity to invest in an unregistered offering, in addition to thoroughly investigating an investment--and the expert selling it--you should be on the lookout for some potential scams.
Harris, C: Stop Calling Me. You called six times on Saturday, starting at 7:00 a.m. I called you back and told you DO NOT CALL ME AGAIN. EVER. NOT INTERESTED. Did that stop you? Not at all. On Sunday you called several times. My husband picked up once to figure out who you were.
If imitation is truly the sincerest form of flattery, then Vettriano should be quite pleased, as should dozens of other artists -- even amateurs like Sir Winston Churchill -- because Henty has made a career out of selling fakes of their works.
Listen: they are scams. This is another trillion dollar industry that has a lot of money at stake if people stop believing in the mythology bolted to the scam.
Photo courtesy of Dale McDonald Photographer LLC I have a friend who lost a leg ten years ago. No one has ever said...
You've probably heard of a durable power of attorney (DPA), which is a simple, easy legal tool to help you with financial assistance if you need it. However, the DPA is just as easy for people to obtain and misuse.
First things first: In the form's acronym lies the secret to avoiding the money pitfalls--FAFSA is short for "FREE Application for Federal Student Aid." Yeah, I know, filling it out is time-consuming, but it's doable. It's also complex and requires information that you're going to have to bird-dog, but it is free.