Intermodal Wealth of Houston indicted for investment fraud

Investing always carries risk, but it’s especially risky when the people soliciting investments offer a deal that’s too good to be true–and have previous convictions for fraud. Those red flags and more applied to Houston company Intermodal Wealth LLC, according to the Texas State Securities Commission, which announced an indictment recently unsealed by a federal court…

BBB Scam Alert: Snapchat users targeted by risky spam messages

Beware of the “something for nothing” offer. Whether by phone, email or text message, scam artists have been using that offer as bait for a long time. Now the social media app called Snapchat–popular with teens and young adults that lets people send pics and videos that vanish after viewing–is being targeted. BBB reports that…

FTC cracks down on ‘Obamacare’ spammers

As most of us know, the rollout of the Affordable Care Act (ACA), aka “Obamacare,” didn’t go as smoothly as people might have hoped. Along with the website issues, there was some confusion about what was required of consumers and when. Spammers took advantage of that confusion to scare people into clicking links they probably…

Fake Pope story is bait in unholy malware scam

A fake news story that claims to offer shocking information about newly-appointed Pope Francis is making the rounds via e-mail. Spammers are using the resignation of Benedict XVI and the election of a new pope as an opportunity to spread malware. Clicking on the fake story leads users to a website that hosts the Blackhole…

Spam text messages for $1,000 Walmart gift cards sent to consumers

BBB has received numerous calls today from Permian Basin consumers regarding a text message promising a $1,000 gift card from Walmart. Supposedly these consumers won a contest and were instructed to visit a website to redeem their card. Unfortunately this is one of those “too good to be true” moments and is a scam. Walmart’s…