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 »  Home  »  Schemes Scams & Scoundrels


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» Costly Coupon Scams
By Julianna Sweeney | Published 09/2/2008 | Schemes Scams & Scoundrels |

Article Courtesy of The Federal Trade Commission

Cents-off coupons are providing big bucks for scam artists who offer business opportunity and work-at-home schemes featuring coupon certificate booklets and coupon clipping services. Using the Internet to market these so-called opportunities, fraudulent promoters are promising entrepreneurs, charity groups and consumers earnings of "hundreds per week" and "thousands per month" simply by selling coupon certificate booklets or cutting coupons at home. The fact is that consumers and manufacturers are getting clipped in these costly—and deceptive—coupon capers.

» 'Net Based Business Opportunities: Are Some Flop-portunities?
By Julianna Sweeney | Published 03/2/2008 | Schemes Scams & Scoundrels |

Article Courtesy of The Federal Trade Commission

Whether it's recruiting people to sell so-called Internet-access devices, placing kiosks with Internet access in public places, or dealing in other Internet-related activities, consumers are being lured to the vast commercial potential of the Web by business promoters.

However, the Federal Trade Commission (FTC) says that many of these business opportunities are scams that promise more than they can possibly deliver.

» Prime Bank & Prime Note Scams
By Richard Gandon | Published 01/26/2008 | Schemes Scams & Scoundrels |

‘Prime bank’ is a term usually used to describe the top three or four dozen banks in the world. Prime banks trade high quality and low risk instruments such as world paper, International Monetary Fund bonds, and Federal Reserve notes. You should be very wary when you hear this term--it is often used by fraudsters looking to lend legitimacy to their cause. Prime bank programs often claim investors' funds will be used to purchase and trade "prime bank" financial instruments for huge gains. Unfortunately these "prime bank" instruments never exist, at least not in the hands of these third parties and people lose all of their money.

» Ponzi, Pyramid and Affinity Scams
By Richard Gandon | Published 01/16/2008 | Schemes Scams & Scoundrels |

You hear about a great opportunity to 'invest' usually from someone you know.  You attend a 'Party' and see it the 'network' actually work.  Everyone seems so nice and so excited for the person who cashed out, for those who are getting close to cashing out and they're even excited for you, the newcomer, invited to the group by your relative, friend, neighbor, co-worker etc. The person cashing out is so excited and confident in this system that they may actually 're-invest' a portion of their new-found wealth and take a position once again lower down the list in hopes of cashing out again. 

» Buyer Beware: Identifying Health Insurance Fraud
By Julianna Sweeney | Published 11/10/2007 | Schemes Scams & Scoundrels , Insurance |

(NewsUSA) - Scam insurance is not new - criminals have been selling fraudulent policies since health insurance came into being. But with today's skyrocketing health care costs, more consumers are seeking affordable access to quality care, which provides scam artists with fertile hunting grounds.



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