November 1, 2013 |
The Internal Revenue Service warned about a telephone scam in which targeted taxpayers are told they owe money and must pay up immediately. The IRS on Thursday said the operation was sophisticated. The scammers are able to provide would-be victims the last four digits of their Social Security numbers and have the ability to spoof the agency's toll-free number on caller ID. “This scam has hit taxpayers in nearly every state in the country," said Danny Werfel, acting commissioner.
January 31, 2010 |
The e-mail said it came from CareerBuilder and offered a job opportunity as a "trading assistant," which it described as an easy part-time job with "considerable" compensation. There's just one hitch: It was not an e-mail from CareerBuilder.com, the No. 1 online job website partly owned by Tribune Co., owner of the Los Angeles Times, and it was not a job. It was part of a cynical scam that's becoming widespread in the waning days of the recession. This scam is just part of an evolving cacophony of employment frauds that prey on the millions of Americans who are out of work.
August 26, 2012 |
Here is a roundup of alleged cons, frauds and schemes to watch out for. Online auction escrows - Winners of online auctions have been scammed by people who propose using an escrow service to handle sales from auction websites, according to the Internet Crime Complaint Center. Perpetrators in this scheme assemble phony escrow sites that appear legitimate. The victims then send money to the escrow site, but the merchandise never arrives, according to the agency, which is a partnership of the FBI and National White Collar Crime Center.
January 24, 2013 |
So, you have a time-share to unload and a friendly salesperson calls to say he has a buyer. In fact, the caller can handle everything for you, including the Federal Trade Commission approval of the sale. All you have to do is pay a $3,000 deposit, to be refunded when the transaction is complete. Except that you never hear from the salesperson again. And by the way, the FTC does not review or approve time-share transactions. But the FTC did take action against the operators of a company it accused of pulling off that scam, taking in millions of dollars.
February 5, 2012 |
Here is a roundup of alleged cons, frauds and schemes to watch out for. Credit cards - At the request of the Federal Trade Commission, a federal judge has halted a telemarketing campaign that allegedly sold bogus credit cards and drained money from victims' bank accounts. Operating as Platinum Trust Card and Express Platinum Card, the businesses offered credit cards with a limit of up to $9,500 for an advance fee of $99 and a monthly charge of $19. The company said the cards could be used at any business that accepted Visa or MasterCard, but they actually could only be used at an online store the business promoted.
August 20, 2013 |
NEW YORK -- Scammers may be jumping into the weed business, Wall Street's regulator warns. The Financial Industry Regulatory Authority, or Finra, issued an investor alert Tuesday cautioning investors that some marijuana stock pitches bear the hallmarks of classic Wall Street "pump and dump" schemes. The investment pitches can come via email, Twitter, webinars or fax, the alert said. In such scams, promoters of thinly traded, low-price shares (or penny stocks) fuel investor demand by hyping the stocks' growth potential.