Financial Scams
As financial scams get more common and devious, Bob Carlson shares his expertise to help subscribers stay up to date
Found 67 Articles.
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How to Spot and Avoid Scams
Corporate accounting and mutual fund scandals are not the biggest scam risks to investors. Identity theft is a big risk, but you don’t want to focus on it so much that you lose track of the other frauds coming your way. Versions of the old-fashioned Ponzi scheme proliferate. Retirees and those close to retirement still […]
More Ways to Prevent ID Theft
Identity theft continues to increase, and older Americans are prime targets of this crime. That’s why we constantly are looking for ways to prevent the crime and to protect your identity and wealth. Here are some new strategies to consider along with the strategies mentioned in past visits. When paying a credit card bill by […]
Latest Ways to Prevent the New ID Theft
Identity theft continues to be the fastest-growing crime in the U.S. It also is among the most devastating. Credit records are ruined – which can affect employment and other opportunities. Also, significant time and money must be expended to correct the record and other consequences. You can protect yourself from ID theft, as we’ve discussed […]
New ID Theft Protections
A new law was enacted fairly quietly at the end of 2003. It promises greater protection against identity thieves and more help for victims of the crime. Identity theft is believed to be the fastest growing crime of recent years. The Federal Trade Commission estimates that in 2002 there were 9.9 million victims of ID […]
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The New Look in Identity Theft
Identity theft still is the fastest-growing crime in the nation. But the crime is changing as individuals and authorities become more aware of the problem. The good news is that victims are discovering ID theft crimes faster. The bad news is that the effects are more costly and longer-lasting. The crime now is discovered within […]
Your Firewall Against Investment Scams
Scam artists are developing more cunning cons, and you are among their prime targets. Fortunately, new help is available to protect your wealth. Older Americans always have been the targets of scam artists. Seasoned Americans tend to have more money than younger citizens do and also seem to be more trusting. Now, those in retirement […]
Why Are Seniors Vulnerable?
If you are older than 50, you are a target for fraud. Scam artists know that they are more likely to be successful against an older person than against the rest of the population. Experts estimate that over $40 billion is lost to fraud each year. The traditional assumption is that the victims of fraud […]
Investing With The Inner Circle
Investment returns are down, leading many people to seek alternative sources of safe, sure returns. It also brings out the scam artists. A leading scam these days (#5 in the top 10 of the North American Securities Administrators Association) is known as the “prime bank” scheme. The scam is perfectly designed to attract the average […]
