Blog

November 11 is Veterans Day. More than 18 million people are U.S. military veterans. It’s a fitting time to thank military veterans for their sacrifice and service in protecting the United States. It’s also a good time to help protect our veterans from fraud. Whether you’re a recent veteran or you returned to civilian life 20 years ago, you’re making decisions that affect your financial well-being. MilitaryConsumer.gov has helpful information for...

Chances are you know an influencer – a person who works with a brand to recommend or endorse a product in social media. Maybe you work at a company that uses influencers or perhaps that describes you, a friend, or a family member. Then you should read a new FTC brochure: Disclosures 101 for Social Media Influencers. Influencers have an obligation to stay on the right side of the law. If you endorse a product or service through social media, your...

This week is the sixth annual National Veterans Small Business Week. Once again, the FTC joins with the Small Business Administration to celebrate and support veterans who are small businesses owners. Whether you’re just starting out or growing your existing business, the FTC’s Business Center has tips and resources to help you stay on track by avoiding common business scams. Scammers have lots of tricks to get your money. But knowing how scams...

Starting October 31, many members of the military will have access to a free tool to help spot identity theft. The nationwide credit reporting agencies – Equifax, Experian, and TransUnion – have confirmed that they will provide free electronic credit monitoring services to active duty servicemembers and National Guard members. For details on how to sign up, go to the websites for each of the credit reporting agencies. A credit monitoring service...

Your personal information is valuable. That’s why hackers try to steal it. This year, for National Cyber Security Awareness Month, we’ve got tips to help you keep your personal information from ending up in the hands of a hacker. Protect your phone Let’s start with protecting the data on your phone. Set your phone to lock automatically and create a passcode to unlock it. Use at least a 6-digit passcode. When you notice an update for your phone is...

If your cell phone is your go-to device for checking your email, paying your bills, or posting to social media, you’re not alone. So imagine that your cell phone suddenly stops working: no data, no text messages, no phone calls. Then picture getting an unexpected notification from your cellular provider that your SIM card has been activated on a new device. What’s going on? These could be signs that a scammer has pulled a SIM card swap to hijack...

Sometimes the FTC is able to return money to people who were ripped off in a con artist’s scheme. But scammers try to cause confusion and take advantage at every step. If you lost money in a scam, you might get a call or email from someone claiming that they can help you recover your funds – if you pay them, hand over personal information, or allow them remote access to your computer. Don’t do it! Recent complaints to the FTC show that scammers...

Are you thinking about joining a multi-level marketing business to earn extra money? Before investing your hard-earned cash, make sure you’re not dealing with a pyramid scheme – a scam that can cost you dearly. Today, the FTC announced a case against Texas-based AdvoCare International, a multi-level marketer of energy drinks, shakes, and supplements. AdvoCare claimed people could earn unlimited income, quit their day jobs, and gain financial...

Lots of people fall for scams. Is it any different for Millennials? That’s what the FTC explores in its new Data Spotlight, Not what you think: Millennials and fraud. According to the Data Spotlight, Millennials are 25% more likely to report losing money to fraud than other adults (age 40 and over), and much more likely to tell us they lost money on certain types of fraud. Online shopping frauds stand out – Millennials are twice as likely to...

Online dating sites are a common way people seek romance. But what if, instead of a potential match, you find a scammer? Today, t he FTC announced a lawsuit against Match.com, challenging several of Match’s business practices, including ones that the FTC says exposed customers to romance scammers. If you had a free Match account and got a message from another user, Match would send you a notice like this one to encourage you to “read his email”...