How crooks worm their way into your wallets.
Hah! Good one FTC (Federal Trade Commission). I originally had this post titled, "How to Spot a Scam", but it just didn't do them justice ;) Check out this email below and tell me if it's not the awesomest thing you've ever read from them:Today's troubled economic waters are infested with a voracious school of sharks -- con artists who are promising people a lifeline through jobs, recession-proof income, and access to free government grant money. They are bleeding money from individuals, and from the economy as a whole.
That's why the Federal Trade Commission and its partners are moving aggressively through enforcement and education. As the nation's consumer protection agency, we've produced a new video to help people learn how to spot a scam. It features two scam victims and a former telemarketer of fraudulent business opportunities who explains exactly how he got people to part with their money:
We hope you'll share this video and help your readers learn just how crooks worm their way into their wallets. More resources about helping people avoid business opportunity scams are at www.ftc.gov/bizopp. Did you like it?
Labels: awesomely awesome, blown money, in the real world, scams
posted by J. Money at
8:42 AM
4 Comments:
Dude I am so glad that I am a hardcore skeptic. I have always been of the mindset that if it sounds too good to be true, it ABSOLUTELY is! I guess the only time I fell for a too good to be true scam was when we got our interest only mortgage with only putting $1,000 down. I know that is nothing like this but sometimes it sure feels like it. haha!
Thanks for sharing this great info with everyone!
Hah, me too! Well, not on the hardcore skeptic part, but on the interest-only mortgage as we did the same. Except we paid $0.00 down (seller paid our closing costs of $10k) and luckily got a FIXED RATE! That saved us and prob. the reason red flags didn't fly everywhere ;)
I wrote a bit on our mortgage here if you're interested...
hah! yeah good thinkin'. i get crap every single day via email, mail, and even random 1-800 auto-bots....most of the younger generation can catch it a mile away, but it's the elderly that has me worried :( they get targeted even more and it's a damn shame.
[had to delete some of the previous comments....not a fan when you link from a site pushing a service like payday loans, insurance, etc....sorry]
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