August 1, 2021
Home Archive by category Scam/Fraud (Page 2)

Retirement tips to save money

Retirement is one of the greatest age milestones and financial transitions one can achieve after years of employment or of running their business. Many retirees see retirement as transitioning from the working grind to days of leisure and relaxation. However, there is another shift at play, which is ending the days of earning an income and beginn...

Former President and CEO of now bankrupt precious metals firm convicted of mail and wire fraud for Ponzi-type scheme | USAO-WDWA

Seattle – The former President & CEO of Northwest Territorial Mint, a now-bankrupt company dealing in precious metals, was convicted today in U.S. District Court in Seattle of 14 federal felonies resulting from a Ponzi-like scheme that defrauded customers of millions of dollars, announced Acting U.S. Attorney Tessa M. Gorman.  After more than t...

Hot Weather Doesn’t Slow Down Scammers –

Sheldon, Iowa — The weather has been hot, but that hasn’t slowed down the scammers in recent days. Sheldon Police tell KIWA there have been a number of scams attempted on unsuspecting Sheldon residents lately. Police say most of these scammers are trying one variation or another on an old theme: either you owe the IRS, or Social Security, or yo...

How to avoid rising cryptocurrency, bitcoin scams

Randy Hutchinson is the president of the Better Business Bureau of the Mid-South. Reach the BBB at 800-222-8754.You can hardly pick up the financial section of the newspaper or visit a financial website without seeing a headline about Bitcoin or another cryptocurrency.As I write this column, these articles are on one website:“El Salvador Becomes Fi...

Loan scam: Karuvannur bank administrator removed from post

The Registrar of Cooperatives on Friday removed the administrator of the Karuvannur Service Co-operative Bank M.C. Ajith from the post. A three-member administrative panel, comprising senior assistant registrar T.K. Raveendran; and senior inspectors A.M. Vinod and K.K. Pramod, has been was given charge of the bank.The Registrar of Co-operatives h...