Don’t Bank On It: Fake Check Scams Making the Rounds

Finding a check in the mail with your name on it may feel like it’s your lucky day; but think before you take the money and run. Chances are, that check is a sham. Fake check and money order scams take on many different forms, but the core scheme is typically the same. The tactics…

New efforts to protect seniors from financial abuse

It’s estimated older Americans lose up to $30 billion a year to elder financial abuse at the hands of con artists and thieves. Historically, these crimes go unreported, but that could soon change. The government and financial services industry are taking steps to encourage those who are able to spot elder financial abuse, including brokers,…

Does Do Not Call Lists Expire? FTC says no

According to the Federal Trade Commission, a scammer pretending to be from their agency is sending out fake emails telling people that their Do Not Call registration is expiring. The emails use the FTC’s logo and send people to a phony Do Not Call website to register their numbers again. However, it’s all a scam. Do Not…

Decrypting Cryptocurrencies

The use of cryptocurrencies to make transactions online has grown in popularity over the past few years, but only one has begun to dominate the market – bitcoin. According to Bitcoin.com, there are currently 16.67 million Bitcoins in supply with 12,000 online transactions made per hour. Several businesses in major Texas cities like San Antonio and…

Survey finds ATM crime surged in 2017

The ATM Industry Association recently published the results of its 2017 Global Fraud and Security Survey. More than half of respondents (54 percent) reported an increase in ATM related crime, a 12 percent increase from the previous year’s survey. The survey looked at trends in ATM card skimming, PIN compromise, and other network and remote…

FTC mailing thousands of checks to victims of telemarketing scheme

  The Federal Trade Commission announced Tuesday its mailing 7,583 checks totaling more than $2.2 million to people who lost money to a telemarketing scheme offering business coaching services. According to FTC’s complaint, Professional Learning Institute, who operated by several names, falsely promised consumers they would earn substantial income from home-based Internet businesses if they used their…

IRS announces important tax season filing dates

Last week the Internal Revenue Service (IRS) announced that the 2018 tax filing season will begin on Monday, January 29. While the IRS will begin accepting tax returns on that date, many software companies and tax professionals will begin accepting tax returns before Jan. 29 and will then submit the returns when IRS systems open….

Looking for better financial planning in 2018?

According to Principal Financial, 80 percent of Americans are making money-related resolutions that can end up changing their lives for the better. Unfortunately, financial planning doesn’t come easy for everyone. Some people may not know where to start or the steps to take in order to get out of a lingering debt. If you’re looking for a…

Looking to return your holiday gift?

While many hope to have picked the perfect gift for those on their list, some recipients may not feel the same way. Although various retailers loosen their return policies during the holiday season, some stores may do the opposite. BBB offers these tips when looking to return that not so perfect gift. Know and understand…

The Pros and Cons of Gift Cards and Prepaid Cards

The universal appeal of cash makes it a popular gift choice for many, especially those that have put off shopping until the last minute. But consumers who want to gift cash for the holidays should also consider gift cards and general-purpose reloadable prepaid cards. If cash is lost, it’s gone for good; but many general-purpose…

Contest: Vote for Your Favorite Employee-Made Ornament

  Consumers will be encouraged to vote for their favorite employee-made ornament by commenting on the post with the coordinating ornament number. The winning ticket will win a $100 Visa gift card. Rules: BBB employees cannot participate in the contest, but can share the post on their social media accounts. Contestants can submit one vote….

FTC: Be careful when buying World Cup tickets

In the summer of 2018, one of the world’s most popular sporting events will kickoff in Russia. The 2018 FIFA World Cup is expected to bring thousands of people from all over the world and buying match tickets is a highly coveted item. However, before spending your hard earned cash on a ticket, the Federal…