It’s the oldest trick in the book: Now you see it, now you don’t. This illusion is fine on a Las Vegas stage, but on an online retailer’s website, making negative reviews disappear is hardly magical. The Federal Trade Commission (FTC) calls it review suppression – and companies engaging in this practice will be held accountable … Continue reading Abracadabra: Bad reviews be gone?
Gift cards are for gifts, not payments
Gift cards may be at the top of your holiday gift giving list. But there’s another list that gift cards top, and it’s decidedly less festive. According to the Federal Trade Commission's (FTC’s) latest Consumer Protection Data Spotlight, reports received in the Consumer Sentinel database reveal that gift cards are the #1 payment method of choice for scammers, leading to … Continue reading Gift cards are for gifts, not payments
Beware of Scams and Fraud Schemes – COVID-19 Phishing
Last week, a Rhode Island company and its owner were prohibited from misrepresenting they are affiliated with the U.S. Small Business Administration (SBA) as part of a settlement resolving Federal Trade Commission (FTC) charges they misled consumers in the early days of the coronavirus pandemic. Ponte Investments, LLC, and its owner were charged by the FTC in April with … Continue reading Beware of Scams and Fraud Schemes – COVID-19 Phishing
FTC-FCC warning letters suggest a different kind of distancing
Agencies Target Companies Routing Scam Robocalls to Consumers about Fake COVID-19-Related Refunds, Loan Reductions, and Social Security Threats May 20, 2020—The Federal Communications Commission (FCC) and Federal Trade Commission (FTC) demanded that gateway providers allowing COVID-19 pandemic-related scam robocalls into the United States cut off this traffic or face serious consequences. This is the second … Continue reading FTC-FCC warning letters suggest a different kind of distancing
Putting the focus on small business financing $$$
Whether you’re starting a business or trying to grow one, there’s one thing you need to take it to the next level: capital $$$. Entrepreneurs look to traditional lenders, of course, but they’re also turning to the online marketplace to find small business financing. What types of products are available? What are the benefits and … Continue reading Putting the focus on small business financing $$$
Be Wary of Scammers. Who is calling you to fix your computer?
This month the Federal Trade Commission (FTC) is sending checks to people who paid Troth Solutions for computer repairs and other services they didn't need. Remember to be wary of scammers - Microsoft and other companies will not call you unsolicited to fix your computer. According to an FTC complaint, Troth Solutions pretended to be associated with major … Continue reading Be Wary of Scammers. Who is calling you to fix your computer?
Cybersecurity for small business: Email authentication 101
As a business person, you may know about phishing. At first glance, the email looks like it comes from a recognized company, complete with a familiar logo, slogan, and URL. But it’s really from a cyber crook trying to con you out of account numbers, passwords, or cash. In addition to the serious injury these … Continue reading Cybersecurity for small business: Email authentication 101
Report tax identity theft with IdentityTheft.gov
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
Investing in Bitcoin – Cryptocurrencies
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
Online Dating and Relationship Scams
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