Archive for the ‘Scams’ Category

Beware of Scammers Impersonating The Better Business Bureau

As much as you would like to believe it, no, you didn’t just win a brand new Mercedes Benz or $1 million – just in time for the holidays.

That telephone call you may have received about your exciting “win” in a sweepstakes or lottery is just a scam, according to the Better Business Bureau, which is warning people to be on the lookout for such fraud.

Ironically, the scam artists perpetrating this current con are actually claiming to be from the BBB and they’re pointing people to a look-alike BBB website under the official sounding name: www.better-businessbureau.org. But this site contains misinformation and fraudulent claims.

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5 Ways To Know If You Should Avoid a Debt Help Company

If you need help eliminating credit card bills or getting rid of other forms of debt, a debt relief program may seem like the only viable option for getting help with your debt and your finances back on track.

While you can find some legitimate debt help agencies out there, you can also easily stumble across numerous shady individuals and scam companies that don’t really have your best interests in mind.

Some of these scam businesses are very good at disguising their identity and may operate under different names – making it that much harder to learn about their reputation.

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5 Ways To Spot a Debt Relief Scam

If you need help eliminating credit card bills or getting rid of other forms of debt, a debt relief program may seem like the only viable option for getting your finances back on track.

While you can find some legitimate debt help agencies out there, you can also easily stumble across numerous shady individuals and scam companies that don’t really have your best interests in mind.

Some of these scam businesses are very good at disguising their identity and may operate under different names – making it that much harder to learn about their reputation.

Continue reading “5 Ways To Spot a Debt Relief Scam” »

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Veterans Day Financial Scams To Avoid

Here’s a warning about Veterans Day financial scams.

We all know that con artists don’t take a break, even for holidays. That’s why the Better Business Bureau is warning consumers all across the country to be aware of Veterans Day scams.

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Scam Alert: Did You Buy Bogus Health Insurance From This Medical Discount Company?

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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Disclaimer

All information on this blog is for educational purposes only.  

Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney.

If you need specialty financial, investment or legal advice, please consult the appropriate professional.

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