$1 Million in Refunds Going to Consumers Harmed by Mortgage Relief Scam
The Federal Trade Commission (FTC) has mailed 17,213 refund checks to consumers who were deceived by an operation that charged an up-front fee for bogus mortgage relief services and posed as a government mortgage assistance program.
Under a settlement entered by the court in 2011 as part of the FTC's continuing crackdown on scams that target homeowners who are behind in their mortgage payments or facing foreclosure, the Residential Relief Foundation defendants were banned from selling debt relief services.
More than $1 million is being returned to consumers, each of whom will receive $62.50. Consumers who receive the checks from the FTC's refund administrator should cash them within 60 days of the mailing date.
The FTC never requires consumers to pay money or provide information before refund checks can be cashed. Those with questions should call the refund administrator, BMC Group, toll-free at 866-224-6718.
Don't Let Car Dealers Take You In with an Illegal Yo-Yo Auto Sale Scam
You've finally filled out all the paperwork for a new or used car and drive it off the lot in triumph. Then, only a few hours (or days or weeks) later, the dealer calls you and tells you that you have to return the car because your financing didn't go through. What's going on? Is this legal? No.
Scam Alert: Don't Fall For a Fake Discounted Cable Service Offer
According to the scam alert released by the Better Business Bureau (BBB), scammers are targeting unsuspecting consumers across the country by impersonating cable companies and taking advantage of subscribers' eagerness to save money on cable television services.
Do You Know How to Protect Yourself Against Computer Fraud
Do you know how to protect yourself against computer fraud? Most people think they can spot a scam, but scammers are getting better every day. It's now sometimes very difficult to know who is on the other end of the Internet and whether an email or website is truly legitimate.
Your Phone May Allow Hackers to See the Screen While It Charges
We use our phones to do all kinds of things. But those who use USB charging stations may want to think twice before checking off the first two items on that list. Security researchers have discovered a way to hack into smartphones using USB stations and view and record everything that is displayed on the screen.