Investors must investigate the official letters after the name of an adviser or financial planner.
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Homeowners deluged with offers of mortgage help don’t know who to trust.
While these fraudsters probably won’t fool too many people, check fraud is serious business and costs banks close to $1 billion a year.
If you see a text message congratulating you on your new $1,000 Walmart gift card, don’t be fooled.
The Better Business Bureau advises military service members to beware of financial scams.
“Flashing the cash” makes you vulnerable to theft, and that’s especially true of baby boomers with healthy nest eggs. The Securities and Exchange Commission, or SEC, reported that it had filed a record 146 financial-fraud enforcement actions in 2011 against investment advisers and companies. That’s an increase of 35 percent in just three years. The
Valentine’s Day is supposed to be about romance. But for some sad lonely hearts, the holiday turns out to be a financial scam, rather than true love. Indeed, social media and online dating frauds are so widespread that the national Better Business Bureau included the category in its list of the Top Ten Financial Scams
Beware when searching on the Internet for ways to modify your mortgage payments. So far, the federal government has shut down more than 200 scam companies that are promising to help struggling homeowners. In a separate action, search engines have been taking their own actions by barring suspicious advertisers. Google removed 500 advertisers from its