If you’re a tax professional, business owner, or in a human resources department, the FTC and IRS can help you help clients, employees, or other people who discover they’re victims of tax-related identity theft. Tax-related identity theft happens when someone uses your stolen Social Security number (SSN) to file a tax return and claim your … Continue reading Report tax identity theft with IdentityTheft.gov
Clients have been asking me about investing in Bitcoin or other cryptocurrencies. The Federal Trade Commission (FTC) recently provided some helpful advice. You do your best to keep up with the latest financial news. You’ve been hearing more about cryptocurrencies and asking yourself “Hmmm.” Of course, it’s not just Bitcoin. There are now hundreds of … Continue reading Investing in Bitcoin – Cryptocurrencies
Valentine's Day is around the corner, but if an online love interest asks you for money, it’s probably a scam. The Federal Trade Commission (FTC) receives thousands of reports each year about romance scammers who create fake online relationships only to rob their victims. Millions of Americans use dating sites, social networking sites and chat … Continue reading Online Dating and Relationship Scams
It is tax time. The tax scammers are gearing-up. Learn how to protect yourself during Tax Identity Theft Awareness Week January 29-February 2, 2018. Tax identity theft occurs when a person uses someone else’s Social Security number to either file a tax return and claim the victim’s refund, or to earn wages that are reported as … Continue reading Tax Identity Theft Awareness Week January 29-February 2
A federal court ordered that the assets of the operators of an alleged tech support scam be used to reimburse consumers who lost money to the defendants’ scheme. The U.S. District Court for the Eastern District of Pennsylvania agreed with the FTC, the State of Connecticut, and the Commonwealth of Pennsylvania that the money held by … Continue reading Tech Support Fraudsters to Pay
Federal Trade Commission (FTC) Acting Chairman Maureen K. Ohlhausen issued the following statement in response to today’s vote by the Federal Communications Commission (FCC) on the Restoring Internet Freedom Order regarding net neutrality: “The FCC’s action today (December 14, 2017) restored the FTC’s ability to protect consumers and competition throughout the Internet ecosystem. The FTC is ready … Continue reading Did the FCC Just Kill the Internet?
After the Equifax breach, clients and friends have been coming to us with questions. Some people are considering placing a fraud alert on their credit file. Others are thinking about freezing or locking their credit files to help prevent identity thieves from opening new accounts in their name. Here are some FAQs to help you … Continue reading Fraud alert, freeze or lock after Equifax?
During a recent meeting at Prince Law Offices, P.C., we were discussing ransomware and the dark web. The Federal Trade Commission (FTC) recently posted a helpful description of the dark web and how it may impact you and your business. You probably have heard about the “dark web” and wondered how it affects businesses – … Continue reading The Dark Web: What you and your business need to know
When it comes to data security, what’s reasonable will depend on the size and nature of your business and the kind of data you deal with. But certain principles apply across the board: Don’t collect sensitive information you don’t need. Protect the information you maintain. And train your staff to carry out your policies. The … Continue reading Stick with Security – Part 1
As part of its ongoing efforts to help businesses ensure they are taking reasonable steps to protect and secure consumer data, the Federal Trade Commission (FTC) is publishing a series of blog posts using hypothetical examples based on lessons from closed investigations, FTC law enforcement actions, and questions from businesses. These new posts will build … Continue reading Stick with Security: FTC Providing Insights on Data Security Practices