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If you can’t get your hands on a Nintendo Switch gaming system, you may think an emulator is the next best thing. Think again. Online ads for emulators, sometimes with Nintendo branding, say they can run Switch’s games on your desktop. But there is no legit Nintendo Switch emulator. It’s a scam. Even worse, when you try to download a Nintendo Switch emulator, you can install unwanted applications on your computer. These apps give you misleading...

Do you have a debt with the IRS that’s more than two years old? If so, you might be getting a letter from the IRS about your account being transferred to a private debt collector. This new program only applies to taxpayers who have had an IRS debt for years, and who were previously contacted about it by the IRS. Here’s how it will work – and how to spot a scam. If your debt is put into this program, the IRS says you will get two letters. The...

The FINRA Foundation Military Spouse Fellowship program is accepting applications through April 21, for the 2017 class. The Fellowship program certifies military spouses to provide financial counseling and education within the military community and beyond. The FINRA Foundation covers the costs of the program coursework and testing for the self‐study program. Upon successful completion of the program, FINRA Foundation fellows earn the AFC®...

Some cons send pop-up computer warnings to pitch unnecessary – and sometimes harmful – tech support services. Some make phone calls. Others – like one scammer the FTC just sued – send spam emails that falsely claim the FTC hired them to help remove problem software. In this case, announced today, the court has ordered the defendant to stop claiming he’s affiliated with the FTC, to shut down his websites and phone numbers, and inform current...

“Something for nothing” sounds appealing, but often there’s a hidden cost. If the something is a site or app offering free downloads or streams of well-known movies, popular TV shows, big-league sports, and absorbing games, the hidden cost is probably malware. Sites offering free content often hide malware that can bombard you with ads, take over your computer, or steal your personal information. We recently downloaded movies from five sites that...

Servicemembers and veterans face unique challenges dealing with financial issues, managing their money, and avoiding scams. For servicemembers, frequent relocations mean regularly shopping for housing and buying or selling a car. And servicemembers and veterans alike will navigate important financial decisions, like paying for education. For military folks, these decisions can involve high stakes with long-term effects on family and day-to-day...

When your electricity goes out, you lose power in more ways than one. Daily necessities are out of reach without lights, warm water, and heat or air conditioning. So if you get a call from someone threatening to shut off your utilities because they say you owe money, you’re going pay attention – and you may even pay up. But not so fast. The caller might be an imposter running a utility scam. How can you tell? The caller wants you to send money –...

We’ve got some Twitter chats planned for servicemembers, families, and anyone who works with the military community. @MilConsumer and @DeptVetAffairs (Department of Veterans Affairs) will host a chat about avoiding and recovering from tax, child, and medical identity theft. Join in at #VeteranIDTheftChat: Wednesday, April 12, 11am ET (10am CT, 9am MT, 8am PT) @MilConsumer, @CFPBMilitary (the Office of Servicemember Affairs at the Consumer...

April showers bring May flowers. April also is a good time to plant seeds for a financially fit future. After all, April is Financial Literacy Month. Seeds of information from the Federal Trade Commission are free. They include publications on saving and shopping, credit and debt, buying a home or car, or looking for a job or paying for school; short videos on understanding credit scores and dealing with debt collectors; and worksheets on...

Scammers know how to design phony checks to make them look legitimate. In fact, the Council of Better Business Bureaus just released a list of the most “risky” scams, based on how likely people are to be targeted, how likely to lose money, and how much money they lost. Fake checks were number two. Fake checks drive many types of scams – like those involving phony prize wins, fake jobs, mystery shoppers, online classified ad sales, and others. In...