The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Ol...
Tag: Consumer fraud
Here’s what the Wells Fargo cross selling scandal means for the bank
Wells Fargo is one of the oldest and most powerful banks in the United States. Its reputation today is in tatters, following a notorious scandal that is still unfolding. Reports of fraudulent activity...
Identity crime is at an all-time high. Here are 3 ways to protect yourself
d3sign | Moment | Getty Images Pandemic spurred jump in identity theft Since the beginning of 2020, consumers have lost about $886 million in fraud specifically linked to Covid-19, as criminals have l...
Scammers leverage student loan forgiveness, FTC says. Here’s how to protect yourself
President Biden this week announced a long-awaited plan to forgive student debt for millions of borrowers — and criminals will likely leverage the news to steal from unsuspecting victims, the Federal ...
Charles Schwab will pay $187 million to settle SEC robo-advisor claims
The U.S. Securities and Exchange Commission headquarters in Washington on Feb. 23, 2022. Al Drago/Bloomberg via Getty Images Charles Schwab agreed to pay $187 million to settle an SEC investigation in...