Scams

Juice jacking is a term that has gained attention in recent years as a cyber-theft tactic that targets unsuspecting individuals who charge their electronic devices at public USB charging stations. These charging stations, which are often found in airports, hotels,...

As AI technology continues to advance quickly, the risk of identity theft is also rapidly increasing, with AI scams becoming more sophisticated and harder to detect.  Crooks are using AI-powered tools to create fraudulent content, impersonate real people or institutions,...

Source - SEC.gov FOR IMMEDIATE RELEASEWashington D.C., Aug. 1, 2022 — The Securities and Exchange Commission today charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million...

In this video Lynnette warns viewers about numerous coronavirus scams to avoid that are popping up during the COVID-19 pandemic. Transcription Lynnette Khalfani Cox: Listen, guys. I want to warn you about three major scams going on right now where...

In 2017, 16.7 million people were victims of identity theft, suffering a record $16.8 billion in losses. Today, many of our standard transactions like banking, bill paying, and even shopping are online. The growth of online activity has increased convenience for consumers,...

While everyone can be a victim of financial scams, one group is being targeted at astronomical rates. According to Bloomberg, approximately five million elderly Americans are victims of financial fraud each year. It is estimated that these individuals suffer annual...

Have you ever received a phone call from the IRS – or from someone claiming to be from the IRS – about an alleged tax debt?If so, you need to know that any such phone call is almost certainly a...

Scores of Americans are worried about the latest huge cyber hack in the U.S., an Equifax data breach that could impact up to 143 million consumers nationwide. Equifax, one of the country’s biggest credit bureaus, says cyber criminals hacked into...

Equifax, one the nation’s largest credit reporting agencies, suffered a massive data breach that affected up to 143 million Americans – nearly half the population in the United States. Here’s a look at both sides, in the hopes that Equifax...

A reader of AskTheMoneyCoach.com had a question related to the discharge of her student loans. Although the inquiry was specific to her particular circumstances, it’s a somewhat common situation. So I’m sharing the question – and my answer – in...

Hackers have victimized tens of millions of Americans lately by stealing personal information ranging from credit card accounts to Social Security numbers. With such information, a hacker or identity thief can open new loans or accounts in your name, file...

Financial scams are more common than ever in the U.S., and IRS scams are affecting millions of Americans. Unfortunately, many victims of tax-related financial scams fall for these schemes because they mistakenly think they’re dealing with the IRS, some “government”...

The IRS says that millions of people have become victims of con artists that have used the victim's social security numbers to file taxes. Once the scammers file taxes, they turn around and collect tax refunds from the government. Meanwhile,...

Imagine filing your federal taxes with the Internal Revenue Service, only to have your tax return rejected because some crook has already used your Social Security number and claimed a bogus tax refund. All of a sudden you face an...

By Eva Velasquez The term “privacy is dead or is dying” has been bandied around for the last few years. It makes me wonder if the real issue isn’t that privacy is dead, but that it never really was alive...