Fraud

Romance scams at record highs in 2020

For three years, people have reported losing more money on romance scams than on any other fraud type identified in Sentinel, a fraud database. In 2020, reported losses to romance scams reached a record $304 million, up about 50 percent from 2019.

How to avoid coronavirus scams

Scammers are taking advantage of the coronavirus pandemic to steal money from people. During these chaotic times, knowing about possible scams is the first step toward preventing them. Scammers are inventing new schemes as well as repurposing old ones. Be alert as you go about your covid daily lives.

Bloggers ready to venture out, but caution still needed

It isn’t over yet, so keep wearing masks and social distancing. It’s worrisome that people are rushing to go to activities again. While it’s exciting that millions of people are being vaccinated, kids are back in school, and the cases and deaths from coronavirus went down and are now plateauing, this is far from over.

Watch out for multilevel marketing schemes

When I was writing my weekly Helpful Money Tips for You newsletter (see Newsletter heading above to subscribe), I ran across an article by a women who was upset because a new coffee shop in her area turned out to be secret “nutrition club,” a recruiting tool for Herbalife.

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