Tag: FTC

beware scam

It is a cruel farce. Scammers use the names of federal agencies charged with protecting citizens’ financial security to rip them off. The Consumer Financial Protection Bureau (CFPB) has confirmed the existence of a new scam in which someone purporting to be from the agency contacts individuals and tells them they are eligible for a…

Social connections

 Romance scammers follow a predictable script. Find a willing person on social media or a dating website. Use the information she’s posted online to befriend her and then win her affection. Ask her for a loan for an urgent matter and promise to pay it back. After the money is wired, ply the victim…