October 2008 Archives

You may be fully conscious and aware of how important it is to safeguard your personal information, and stored business data, from hackers and identity thieves, but are you aware of the the significance of making sure thieves don't infiltrate...
Multiple Emmy Award winning journalist, Author, filmmaker and "News Dissector" Danny Schechter, talks about his latest book Plunder, Investigating Our Economic Calamity and the Subprime Scandal. Danny Schechter has spent decades as a "truth teller" in the media as an...
Suncoast Vacations promises its members they will "never pay retail again"...but the state of Florida says that's just no so. Consumer Reporter Kerry Kavanaugh began investigating Suncoast in November, 2007 after the state received more than one hundred complaints that...
Better Business Bureaus across the country have been issuing warnings of the latest known scams being perpetrated nationwide. Here are a few of their latest warnings;BBB warns of Postcard ScamThe Better Business Bureau of Southern Arizona issued a warning yesterday...
The FTC recently announced a six month reprieve on the original compliance date for the new identity theft "Red Flags Rule". The Rules mandate financial institutions and "creditors" set up and enforce written plans for identifying "red flag" transactions that...
In recognition of National Protect Your Identity Week, October 19-25, Florida Attorney General Bill McCollum today issued a consumer advisory warning Floridians about mortgage fraud-related identity theft. The crime can occur when "straw borrowers" are recruited to perpetuate a mortgage...
Eric Drew was in the hospital fighting for his life, afflicted with a type of cancer that is normally terminal, when he soon started to receive an onslaught of phone calls -not from his family, but from bill collectors. Eric...
Everyone has an online reputation, whether they realize it or not. When those party photos and videos that you believed were private end up being published online, they can affect your life for a very long time.Parents, teachers, employers, and...
When someone fills out an application for work, a loan, cell phone, housing or medical services, it's mandatory to supply a Social Security Number. But what happens if the numbers provided are randomly picked digits by an undocumented worker and...
Over the weekend I received a couple of email & text scams.  One was an eBay phishing scam that claimed someone had a question about one of my items listed on eBay.  Trouble is, I don't have any items for...
It isn't only the tough that get going when times get tough, but scammers are on the move too. Not surprisingly the Better Business Bureau has warned that "work from home" scams are on the rise.Work at home scams vary...
Curtis Arnold, Author and Founder of the popular website CardRatings.com was our guest on SpotLight today. Curtis offered tips on dealing with credit card offers and provided his educated views and and insight into the credit card industry.  Curtis has...
A spam e-mail claiming to be from FBI Deputy Director John S. Pistole is currently being circulated. This attempt to defraud is the typical e-mail scam using the name and reputation of an FBI official to create an air of...
Abutting yesterday's blog, today Florida's Attorney General Bill McCollum announced that his office is investigating 31 companies in the debt relief industry- many of which are located here in Florida, but do business all over the country.In a statewide initiative,...
A Broward County, FL lawyer has agreed to stop practicing law but not till after stealing thousands of dollars from her clients. A local Miami news station reports that a significant amount complaints were filed against the attorney by unsuspecting...
Microsoft began warning customers on Monday that scammers are sending out bogus emails claiming to include important Windows security alerts. Unfortunately, this warning comes a day before Microsoft is set to release authentic and critical security updates. Though scam emails are...
In today's economic climate consumers may find it difficult to avoid aggressive debt collection tactics. It's important to know what your rights are in order to stop any abusive and illegal attempts to collect a debt. You have consumer protection...
The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC.The subject line of the e-mail states: "Funds wired into your account are stolen." The e-mail tells...
The Better Business Bureau is warning senior citizens to be aware of an emerging telephone scam that is preying on grandparents nationwide. The BBB has recently received reports about grandparents from California to New Hampshire who thought they were aiding...
Last week, Congress passed the $700 Billion bailout bill for the economy. Though we are told to be patient, so far, it hasn't worked. What's more, some of the most important things that could have been included in the bill...
Here's the insanity of the mortgage mess created by lenders:  a homeowner gets behind a few payments, gets back on her feet and when she tries to pay, they won't take her money.  No, apparently lenders would rather have the...
Facing a lawsuit over deceptive mortgage practices, a Bank of America subsidiary has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes.Some borrowers might qualify for lower interest rates or having...
If you learn your information has been stolen or compromised, whether through a data breach, dumpster diver or a lost or stolen wallet, you're not only at risk for identity theft -but you could easily land in jail! You know...
What if your reputation or financial status is threatened by an inaccurate credit score caused by erroneously reported information? Or your personal information is stolen by an identity thief who hacked into someone else's computer without your knowledge? The truth...

Bailed Out...or Sold Out?

"Will it work? We'll see..." With that less than inspiring statement, House Speaker Nancy Pelosi told members of the House of Representatives this afternoon that they needed to pass the Senate's version of the massive $700 Billion bailout bill.The statement...
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Last month, more than 1 million people were evacuated due to hurricanes. New Orleans, Houston, Galveston and a host of other cities were impacted. And for those who were unfortunate enough to lose their home or their business, their ordeal...
Once again, reported data breaches in the news indicate that the organizations who suffer a data loss continue to offer those who are at placed risk of a potential identity theft, the usual...free credit monitoring services.See: The Top 5 Myths...
Award winning journalist and filmmaker Danny Schechter has been vigorously forewarning the public, media and government that the bubble was going to burst and bring about an economic crises (In Debt We Trust, America Before the Bubble Bursts) -and mortgage...
A memoir exposing the steep price consumers pay when facing mortgage servicing errors, inaccurate credit reporting, illegal debt collection practices, identity theft and weak consumer protection laws. THE BOOK » DENISE'S STORY »