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

Tax Identity Theft Awareness Week January 29-February 2

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