by Steven Weisman, Esq. | Mar 20, 2021 | Scam of the day
Last week, the Federal Trade Commission (FTC) issued its annual summary of activities regarding debt collection. Debt collection scams are common and one of the most devious debt collection scams is what is called “phantom debt collection” which is when...
by Steven Weisman, Esq. | Mar 9, 2021 | Scam of the day
Payday loans is a term used to describe short term, high cost loans that generally are due at the borrower’s next payday. Often the lender requires a repayment by a post dated check for the full amount owed including all fees at the time the loan is made or...
by Steven Weisman, Esq. | Jan 31, 2021 | Scam of the day
As regular readers of Scamicide are aware, the Federal Trade Commission (FTC), which is the primary federal agency which protects consumers from scams, is sometimes able to obtain payments from scammers convicted in court following FTC lawsuits or, more commonly,...
by Steven Weisman, Esq. | Dec 25, 2020 | Scam of the day
Scammers are big fans of gift cards because they are easy to purchase, easy to send to the scammer and impossible to trace back to the scammer. It is not even necessary for the scammer to be in possession of the actual gift card to use it. Sending the gift card...
by Steven Weisman, Esq. | Mar 15, 2020 | Scam of the day
The coronavirus (COVID-19) continues to spread worldwide and many people are rightfully concerned about contracting the disease. I have been warning you about coronavirus related scams for the past few weeks. Today’s Scam of the day is a specific warning about...