The Better Business Bureau Lists Top 10 Scams and Rip-Offs of 2010

by Lynnette Khalfani-Cox, The Money Coach

in Identity Theft, Scams

The Better Business Bureau has released their top ten scams and rip-offs of 2010.  Undoubtedly, many of these scams will  appear on their list in 2011 as well.

“With the economy still on the mend, scammers had a field day targeting struggling families who were looking for work and trying to make ends meet,” said Stephen A. Cox, President and CEO of the Council of Better Business Bureaus. “While some of the most popular scams are perennial problems that have always plagued consumers, some new additions to the list are signs of our tough economic times.”

Here is quick list of the top ten scams, for a detailed description of how each scam works see below.

Job Hunter Scams
Debt Relief and Settlement Services
Work from Home Schemes
Timeshare Resellers
Not So “Free” Trial Offers
Itinerant Home Repair/Roofers
Lottery and Sweepstakes Scams
Identity Theft
Advance Fee Loan Scams
Over-Payment Scams

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Lynnette Khalfani-Cox, The Money Coach

Personal Finance Expert and Co-Founder at Ask The Money Coach.com
Lynnette Khalfani-Cox, The Money Coach is a personal finance expert, speaker, and author of numerous books on personal finance. She appears frequently as an expert commentator on television, radio and in print.

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{ 2 comments… read them below or add one }

The Money Coach

Have you checked them out on the Detroit BBB web site?
http://detroit.bbb.org/Find-Business-Reviews/

Eleanor

I need information about the company

Winshaw Financial in Michigan. Have there been any complaints about their loan services. Please let me know as soon as possible.

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