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  • Geebo 9:00 am on December 12, 2019 Permalink | Reply
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    Debt can have an expiration date 

    Debt can have an expiration date

    Debt collection is an unusual business. In some states, you have to have a perfect credit record in order to work in debt collection. You’d think they’d hire people with bad credit since they’re the ones who know how to avoid collectors. It’s also not unusual for certain debts to be passed on from the initial vendor to a debt collection agency and then to other debt collectors down the road. So it may not come as much of a surprise that some of these debts end up in the hands of collectors who may not follow the law when it comes to trying to get money out of people who probably don’t have it.

    Debt collectors can sue you for any amount that’s been sent to collections. However, they only usually bother with lawsuits if they’re owed a substantial amount of money. On top of that, they have a limited window in which to file suit depending on the state. Due to the vast amount of debt some of these collectors have purchased, they don’t always meet the deadline to file a lawsuit. According to the Better Business Bureau, this hasn’t stopped some debt collection agencies from trying to collect on debts by threatening lawsuits even though the statute of limitations has been reached.

    [youtube https://www.youtube.com/watch?v=J2VFeQgZ0-w%5D

    Each state has its own statute of limitations. So before you agree to any kind of payment, not only should you check to make sure the debt is legitimate or not, but you should also make sure if the statut of limitations has been reached. In many states, if a collector is threatening to sue you after the statute of limitations that can be considered as harassment. Sadly, that’s not the only underhanded tactic that some debt collectors use. Maybe in the future, we’ll have more posts about how to protect yourself from underhanded debt collectors.

     

  • Geebo 9:00 am on December 11, 2019 Permalink | Reply
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    When family comes calling for gift cards 

    When family comes calling for gift cards

    In the past, we’ve talked about family impersonation scams such as the grandparent scam. We’ve also talked about the numerous scams that involve retail gift cards. Now, we have reports of the two scams coming together like an evil chimera of scams. Once again, the scammers are upping their game during the holiday season and are looking to prey on your bonds with your family in order to try to get you to part with your hard-earned money under false pretenses. In short, they’re looking to take advantage of the charity you have for your family for their own gain,

    A report out of Northern California has revealed a new type of scam where scammers are posing as your relatives through email. The scammer will ask you to buy a gift card for their niece or nephew while the scammer claims that they’re traveling and can’t buy it themselves. They’ll either have you send the gift card to an address or have you email them the gift card serial number off of the back of the card. Either way, the phony relative disappears with your money from the gift card.

    [youtube https://www.youtube.com/watch?v=lFy_pr4exa4%5D

    If you receive one of these emails, check the email address to make sure if it’s the one that belongs to your relative. Even if it matches you should still call that relative to make sure they didn’t send that email. The request for the gift card itself should send up a red flag. Gift cards can be bought at almost any store from dollar stores to the bog box markets. Even gas station mini-marts sell various gift cards. If your relative claims to be traveling then they really should have no problem buying a gift card on their own. If they say otherwise, it’s more than likely a scam.

     

  • Geebo 9:00 am on December 10, 2019 Permalink | Reply
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    You can’t win a sweepstakes you never entered 

    You can't win a sweepstakes you never entered

    It’s time again for more scams that are happening around the country.

    In Iowa, authorities are warning residents who receive a letter from the “North America Consumer Promotion Draw.” The letter states that you’ve won some kind of sweepstakes prize and that you should call one of their agents so you can claim your prize. Of course, in order to claim your winnings, you have to pay a $1,000 processing and insurance fee. Instead of claiming any prizes, you’ll just be out of a grand. By and large, random people don’t get entered into giveaways that they haven’t entered themselves, and legitimate sweepstakes won’t ask you to pay a fee to claim your prize.

    In Wisconsin, a man fell victim to the bank texting scam. The man received a text from a scammer posing as his bank stating that there was fraudulent activity on his account. When the man texted back that those transactions weren’t him he received an automated phone call asking for his account’s PIN. Once he provided his PIN an actual fraudulent charge was made to his debit card for $500. If you receive any kind of notification stating that there’s a problem with your bank account, contact your bank directly. Don’t use the number that the text number may have provided and never give your PIN unless you’re absolutely sure you’re talking to your bank.

    Lastly, a Sheriff’s Office in Kentucky is warning local businesses about a gift card scam targeting their employees. A number of people have received emails posing as their bosses asking the employees to go out and buy gift cards. Once the gift cards were purchased the employees were instructed to send pictures of the gift card PINs through text message. If you receive an email like this, always verify with the person who is supposedly sending the email. If in doubt, call the person who sent the request to make sure you’re not falling victim to a scam.

    Please keep in mind that any number of these scams could be coming to your area at any time.

     

  • Geebo 9:00 am on December 9, 2019 Permalink | Reply
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    Father almost falls for kidnapping scam 

    Father almost falls for kidnapping scam

    One of the cruelest scams that we’ve ever posted about has to be the virtual kidnapping scam. The scam entails receiving a phone call from someone who claims to have kidnapped one of your loved ones. The scammers may even have someone with them acting like the person they claim to have kidnapped. Due to the potential harm that could come to your loved one, rational thinking gets thrown out the window. You’re then instructed to have the ransom wired somewhere before your loved one will be released. After you give the scammers the money is when you find out that no one has been kidnapped at all.

    While many of us are aware of this scam, a hard-working father had to find out about this scam the hard way. The home inspector received a call from someone claiming to have kidnapped his daughter. He even had heard a voice that resembled his daughter calling out for help. The supposed kidnappers told the man that they would kill his daughter if he did not wire them $1,000. Luckily, the man had the wherewithal to write a note to a client he was with for them to call the police. When the situation was related to law enforcement they advised the man to try to call his daughter on another phone. Sure enough, his daughter was fine and had not been in any danger.

    Kidnapping for ransom is quite rare in the United States and is more of a Hollywood trope. However, it’s understandable how a high-pressure situation like this could lead to even the savviest people to fall for such a scam. If you were ever to receive one of these phone calls and you don’t want to take the chance that a loved may be in danger, do what this father did. Get access to another phone and call the person who is the supposed victim. The odds are pretty good that they will actually be safe and sound. Whenever you receive a high-pressure call that requires you to take some financial action like this, take a moment to gather your thoughts before making any decisions that could cost you a fortune.

     

  • Geebo 9:00 am on December 6, 2019 Permalink | Reply
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    Don’t leave your outgoing bills in your mailbox 

    Don't leave your outgoing bills in your mailbox

    When we talk about scams, we mostly warn our readers about online or phone scams. The reason these scams are so prolific is that everyone has a smartphone and a lot of people use weak passwords on their accounts. However, that doesn’t mean that analog scams have disappeared. One such scam recently turned up in reports that use one of the oldest forms of communication in the US to find victims, good old fashioned snail mail. We all know that tampering with someone’s postal mail is a federal offense, but it hasn’t stopped some scammers from taking that risk.

    A couple in Alabama recently found that someone had accessed their bank account and several unauthorized payments were made from their account. They weren’t the victims of any kind of electronic fraud. Instead, someone had stolen their outgoing mail from their mailbox. In that mail were a few bills that they were paying by check. The scammers are then said to have committed what is known as check washing. Check washing is when someone dips an already written or even canceled check in chemicals and removes the handwritten ink from the check. They then put in whatever information on the check that they need. As long as there is enough money in the account the check can be cashed.

    [youtube https://www.youtube.com/watch?v=0ZNmI1Ao-4g%5D

    There are ways to prevent check washing from happening. The first is to switch to electronic payments to pay your bills. However, if for whatever reason you have to write checks, there are special pens that you can buy that are resistant to check washing. Instead of leaving outgoing mail in your home mailbox, you may want to take it to the post office instead so you know it gets into the hands of the US Postal Service.

    With a number of relatives writing checks to send as Christmas gifts, this time of year could be especially bad for stolen checks. If you have an older relative that may not be able to get to the post office, offer to take their bills to the post office for them. It’s a little inconvenience for peace of mind.

     

  • Geebo 9:00 am on December 5, 2019 Permalink | Reply
    Tags: , , , terrorism   

    The FTC doesn’t really think you’re a terrorist 

    The FTC doesn't really think you're a terrorist

    The Federal Trade Commission (FTC) is one of the government organizations that try to protect consumers from scams. So, it’s kind of ironic that the scammers are posing as the FTC to commit one of the more disturbing scams to date. It’s a variation of the law enforcement impersonation scam. In that scam, the scammers will call you and claim to be calling from local or federal law enforcement. They’ll then tell you that they’ve found suspicious criminal activity has been connected to your financial accounts but you can pay money to make the charges go away. However, this new scam takes it one step further to scare the victim into paying.

    The FTC is warning the public that some people have received letters on official-looking FTC letterhead. The letters say that your financial account information has been linked to terrorist activity and money laundering. The letter will then be followed up with a phone call with scammers asking for money to resolve the phony issue. While the FTC hasn’t commented on this part of the scam, it’s more than likely that the scammers will then instruct the victims to purchase various gift cards to make the ‘payment’. As we have said in the past, gift cards have become the currency of scammers due to the fact that gift cards are almost always untraceable once the money is spent.

    [youtube https://www.youtube.com/watch?v=Exf4iUD7gRo%5D

    The FTC says that they will only send out letters if someone writes them first. However, they will never send a threatening letter to the public. The FTC would like to remind the public that no government agency will ever ask for payment by gift card, wire transfer, or cryptocurrency. Anyone who asks for that form of payment is more than likely a scammer. If you receive one of these letters, you’re asked to contact the FTC at 1-877-FTC-HELP or their website.

     

  • Geebo 9:00 am on December 4, 2019 Permalink | Reply
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    Romance scams thrive during the holidays 

    Romance scams thrive during the holidays

    For many people, being alone during the holidays can be a painful experience. So, in their search for companionship, they may turn to dating apps or social media to try to find someone to share the holidays with. Romance scammers are counting on this as with many scams the holiday season is their most lucrative time of the year. With many people being in such a vulnerable emotional state, people from all sorts of educational and economic backgrounds can be potential victims of the scam. Not only could it leave them with a broken heart but potentially an empty bank account and possibly jail time.

    Just in case you’re not familiar with romance scams, it’s where someone meets someone else online but never in real life. The new person in their life will start asking the victim for large amounts of money while professing their undying love for the victim. In too many instances, the victim is broke before they realize they’ve been scammed. Even worse, some victims continue to pay their scammers even though all evidence points to them being scammed. Some victims of the scam have paid their scammers hundreds of thousands of dollars while some others have embezzled from their employers to keep the money going to who they perceive as their online significant other.

    [youtube https://www.youtube.com/watch?v=g0Uar7glYi8%5D

    The Better Business Bureau is warning consumers to be aware of these scams this holiday season. If you meet someone online and they claim to be interested in you, do a thorough web search to make sure they are who they claim to be. Use the picture they send you to do a reverse image search to make sure they haven’t been using in other scams. If their social media or dating profiles have missing information, that can be another red flag that they’re a scammer. Most importantly, if they ask for money while simultaneously giving you excuses as to why you can’t meet, that’s almost guaranteed to be a scam.

    While the feeling of being wanted is always nice, it’s not worth ignoring the red flags that could lead to crippling financial damages.

     

  • Geebo 9:00 am on December 3, 2019 Permalink | Reply
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    Is your city in the porch pirates’ top 10? 

    Is your city in the porch pirates' top 10?

    Another type of Grinch that wants to ruin your holiday season is the heartless porch pirate. This is the term used for thieves who will steal package deliveries straight from your porch or mailbox. With more and more people eschewing brick and mortar stores for online Christmas shopping, the problem of stolen packages is becoming more and more prevalent. It’s gotten so bad that there’s not a lot of what police departments can do once a package is stolen. If you’ve had a package stolen from your porch, you may think that your city is the worst. However, a study done by a home security company claims to have found the top ten cities where porch pirates are most prolific.

    According to home security company Safewise, they have looked at not only FBI statistics but also web searches for things like stolen or missing packages. They’ve determined that the top ten cities and metro areas for porch pirates are San Francisco, Salt Lake City, Portland, Baltimore, Seattle-Tacoma, Chicago, Austin, Denver, L.A., and Sacramento. Not surprisingly, a number of these cities are large tech hubs where more people tend to buy things online than in stores. Also, California is more represented on this list than any other state.

    [youtube https://www.youtube.com/watch?v=31lSHr25FL4%5D

    It’s better to prevent porch theft than it is to try to recover a stolen package. While a doorbell camera or home security camera may catch the thieves in the act, it doesn’t seem to discourage them from stealing your deliveries. Instead of having packages left at your doorstep, you may want to consider having them delivered to your place of work, or to a neighbor’s house who is home more often. With their permission, of course. You may also want to consider renting a post office box at your local mail supply store. Not only does this give you a street address to use for deliveries, but they can also sign for packages for you. If you’re having an item shipped directly, try to have it delivered at a time when someone will definitely be home. Also, the US Postal Service has many free services available to you to prevent porch piracy such as having your mail held so you can pick it up at the post office.

    Just a few preventative steps will help you have a theft-free Christmas.

     

  • Geebo 9:00 am on December 2, 2019 Permalink | Reply
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    Homeland Security warns of counterfeits for Christmas 

    Homeland Security warns of counterfeits for Christmas

    If you’re looking for a very special Christmas present like a Louis Vuitton bag or a Rolex watch, you have to traverse through the minefield that are counterfeit goods. More often than not, when buying a well-known luxury brand item you’ll have to deal more with fakes then you will the genuine article. Besides being possibly ripped off, the high-end counterfeit goods market has been linked to every type of criminal activity from human trafficking to organized crime and funding terrorism. In the past year alone, the Department of Homeland Security has confiscated over $500 million in counterfeit goods.

    DHS has issued a warning about these phony products flooding the market during the holiday shopping season. They say to beware of websites offering deep discounts for normally expensive items as that’s a good indicator that the products are knock offs. A number of these sites offering these goods could also be just a front to gain your financial information and not even send you a product. DHS also wants people to know that knowingly buying a counterfeit product is also a federal offense and could land not only the seller but the buyer in jail as well.

    [youtube https://www.youtube.com/watch?v=NtrmbTpjdq8%5D

    If you’re looking to buy these products first-hand, then only deal with reputable merchants and keep all the documentation that comes with it including receipts and confirmation emails. If you’re buying these items second-hand, any person selling these items should have all the documentation that goes along with them as they’re a common form of confirmation of the item’s authenticity. Some second-hand markets even have authenticity programs for high-end goods in order to try to prevent fraud. And while it may be fun to own a knock-off as a form of entertainment, keep in mind that buying one is not only illegal but you never really know where your money is going or what it’s funding.

    So, to keep everybody safe and happy during the holiday season, only buy genuine.

     

  • Geebo 9:00 am on November 27, 2019 Permalink | Reply
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    How to avoid online Black Friday scams 

    How to avoid online Black Friday scams

    In the past, we’ve advised against going to brick and mortar retailers on Black Friday. Not just for safety reasons but also because many retailers engage in misleading business practices by using limited stock to try o get you to buy more expensive items. Usually, these so-called doorbuster deals can be found for the same price or lower later into the holiday shopping season. In the past few years, we’ve advised shopping online rather than braving the crowds on Black Friday. However, even online Black Friday shopping comes with its own pitfalls.

    While many of the big-name online retailers are safe to shop through, scammers will try to trick you into believing you’re using one of those retailers, but it reality you may not be. Scammers will send out phishing emails using the actual logos of famous shopping sites but will leave a link in the email that will take you to a phony site that resembles the real thing. They’ll then try to gain your financial information for possible identity theft and other potential abuses. Along the same vein, scammers will pose as retailers and send you an email asking you to download something in order to get a deal. This will instead infect your device with malware which could allow bad actors to access your device remotely and steal as much information as they want from it. Always go directly to a retailer’s website rather than clicking on anything in an email.

    [youtube https://www.youtube.com/watch?v=VO8MmaFFOr4%5D

    As the video above mentions, if at all possible, use a credit card over a debit card when making purchases. While both debit and credit cards offer protection against scam purchases, credit cards have better protections and won’t take any money directly from your bank balance. Also, keep an eye on both your debit and credit card accounts to make sure that no unauthorized purchases have been made on them. Many of these services can be set up to send you a notification every time the account is used. While the notifications may be a bit annoying, they can go a long way in preventing fraud on your accounts.

    And as always, keep in mind that gift cards are the currency of scammers and you could be ripped off in a number of ways when buying gift cards. You can check our previous post here about what to look out for when buying gift cards.

    Once again, we wish you a happy and headache-free holiday season.

     

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