Category: Fraud

Federal Trade Commission – Scams to Avoid on Money Transfers

Federal Trade Commission – Scams to Avoid on Money Transfers

The words identity theft, scams, hacking, malware and the like are unfortunately a part of our daily financial experiences now.  It puts a tremendous responsibility on the money smart consumer to become educated about these issues.  Why?  As good as the systems are that we engage including our banks, online shopping brands, and employers (specifically […]

February 14, 2017 | By More
MoneyBasicsU’s Holiday Shopping Safety Reminders

MoneyBasicsU’s Holiday Shopping Safety Reminders

As the last few weeks of holiday shopping are upon us, it’s important to keep some basic shopping safety tips in mind.  This year, we put together a short video and posted it on our Facebook  for followers and friends to check out. While we are busy about our shopping, we don’t want our distractions […]

December 13, 2016 | By More
Federal Trade Commission – A Credit Monitoring Case for Consumers

Federal Trade Commission – A Credit Monitoring Case for Consumers

One of the challenges consumers have to watch out for in today’s diverse and complex financial world is identity theft and financial fraud.  Many consumers choose to enlist third-party credit monitoring services to keep a look out for fraud.  Money smart consumers also know that maintaining a solid credit score is really important.  After all, […]

October 4, 2016 | By More
How to Choose the Right Financial Advisor

How to Choose the Right Financial Advisor

The story I’m about to share will certainly prompt the question of anyone – how do you I go about choosing a financial advisor?  After all, this person, this firm, is going to take a portion of my life savings and oversee the details and execution of my financial planning. Let’s briefly look at the […]

September 27, 2016 | By More
Elder Abuse: Resources to Avoid Elder Financial Abuse

Elder Abuse: Resources to Avoid Elder Financial Abuse

There is an important question I want to ask you today.  Do you understand what is involved in elder financial abuse, senior scams, and elder fraud? All are various forms of the same thing – stealing from seniors!  Let me share the definition according to the website StopFraud.gov: “Elder fraud is an act targeting older […]

September 20, 2016 | By More
Social Security Number: Facts You Should Know

Social Security Number: Facts You Should Know

For the client work we do for article shares through our publishing company Millcreek Media Group, we have built a robust internal news feed system. When today’s article from the U.S. Social Security Administration crossed our newsfeed, I was really glad it did.  The blog, written by the Assistant Deputy Commissioner, Jim Borland, was only […]

August 16, 2016 | By More
IRS Scam Calls Are Still Here

IRS Scam Calls Are Still Here

There are some financial literacy topics that will never go away.  The subject is fraud, and those irritating IRS scam calls are at the top of the list. And, it’s still happening despite the tax deadline being long passed.  We decided to return to this subject once again for two reasons. The first reason is because […]

May 12, 2016 | By More
Scams and Seniors During the Holiday Season

Scams and Seniors During the Holiday Season

The holiday season is meant to be a joyful time.  As for the seniors in our lives, it’s the opportunity for them to enjoy family time together, perhaps even spoil the grandkids a little bit.  But, after reading an article share from the Consumer Financial Protection Bureau (CFPB) in my LinkedIn newsfeed last week, I […]

December 15, 2015 | By More
Cyber Monday 2015: Mobile Security Fact for Mobile Apps

Cyber Monday 2015: Mobile Security Fact for Mobile Apps

Last Friday morning I was watching ABC7 Chicago News when a warning was issued to consumers regarding mobile apps and Cyber Monday.  According to the report, money smart consumers need to be extra cautious regarding their mobile security and be on the look-out for fake mobile apps!  I wanted to pull some article shares to […]

November 30, 2015 | By More
Avoid the Student Loan Debt Scams

Avoid the Student Loan Debt Scams

Over the weekend, I spoke with a friend about his college loan debt. Thankfully, he is nearly done paying off that debt.  I have to admit I experienced brief flashbacks to the days when I had student loans, but certainly not to the extent young people have today.  Sadly, others are not so fortunate.  As […]

September 8, 2015 | By More