Archive for the ‘Scams’ Category
Scam Alert: Did You Buy Bogus Health Insurance From This Medical Discount Company?
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The Federal Trade Commission has shut down the operators of a bogus health insurance program that duped consumers into buying so-called “medical discount” coverage.
According to an FTC statement on the matter, United States Benefits, LLC and its principals Timothy Thomas and Kennan Dozier, deceived consumers by claiming to offer comprehensive health insurance coverage. Authorities say the company even peddled its “insurance” to very ill people with pre-existing conditions – all in a scheme to extract a one-time enrollment fee and recurring monthly fees of up to $1,300.
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Lawsuits Filed Against Two Prepaid Calling Card Companies
Illinois Attorney General Lisa Madigan has filed lawsuits against two companies for marketing prepaid calling cards to consumers that delivered as much as 50 percent fewer minutes than advertised.
The prepaid calling cards were also loaded with hidden usage fees. Some of the fees included “hang up fees” and daily usage charges.
Madigan filed suit in Cook County Circuit Court against Nobel Tel LLC of Carlsbad, California and NTI Inc., a Chicago based company.
Read the Attorney General’s press release here.
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Scam Alert: Beware of Phony Facebook Sweepstakes
Pop quiz!
Question: You have just received an email from Mark Zuckerberg telling you that you have won $1 million dollars in the Facebook 2011 sweepstakes.
You are:
- Dreaming
- Being Scammed
- Dreaming about being scammed
Answer: Possibly all of the above.
Heed this warning from the Better Business Bureau alerting consumers of the latest email scam about a bogus Facebook contest.
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Beware of Fake Calls Offering a Reduction On Your Credit Card Interest Rate
If you receive an automated call from someone telling you that your credit card’s interest rate has been lowered, beware!
In a recent warning issued by the Better Business Bureau, citizens are warned of phone calls from anyone promising you a lower interest rate on your credit card, if and only if you provide the caller the credit card number and expiration date.
One of the bests ways to avoid becoming the victim of identity theft and not get scammed (and really, this is a scam) is to hang up the phone.
When credit card companies lower your interest rate they will generally send you a letter in the mail. Most credit card issuers will only lower your interest rate if you write or call them, asking for a lower interest rate.
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