Savvy Consumer Information Center - Scams and Frauds
Savvy Consumer Information Center - Scams and
Here are some of the
latest Scams, Frauds, and Consumer Abuse items in the news.
Cars - Computers -
Employment - Family - Federal Programs - Food
Health - Housing - Money - Small Business - Travel - And
FTC Survey Shows Advance-Fee Scams Top the List
of Consumer Frauds -
United States and Canadian law enforcers have joined forces to target a scam that affects millions of consumers a year,
bilking each of them out of hundreds of dollars or more, for loans they never get. The 'loans' are promoted by Ontario-
based telemarketers who target U.S. citizens by running ads in U.S. newspapers that they pay for with stolen or
compromised credit cards. The sales pitches entice consumers with promises of 'guaranteed' loans or credit cards
regardless of a consumerís credit history. When applying for these services, consumers often are asked to wire
hundreds of dollars to Canadian addresses.
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