The latest sham doesn’t exactly pay customers to write up positive online reviews of products. But it’s more than a little sketchy when a company offers to reimburse people for their purchases if they post a review on Amazon.
Scams
ICANN’s New Top-Level Web Domains Could Spell Dot-Trouble For Businesses
Do you have $185,000 lying around? If so you can apply to purchase one of the web’s new addresses via the Internet Corporation for Assigned Names and Numbers (ICANN), which runs the web’s domain-name system. The new generic …
Feds Charge ‘Rudy’ — Yes, That ‘Rudy’ — With Stock Fraud
This time, Rudy got sacked.
Daniel “Rudy” Ruettiger, best known as the indomitable underdog who realized his dream of playing football at Notre Dame, was charged with deceiving investors Friday by the Securities and Exchange …
Financial Scams Target Boomers
Baby boomers are still looking out for their parents, even as they have fallen into the crosshairs of financial con artists themselves. It’s a bona fide boomer nightmare: they are becoming their mom or dad—at least as it …
Don’t Cry for Goldman Sachs, Despite ‘Bad’ Year and Partner Exits
Has Goldman Sachs lost its lustre? The Wall Street powerhouse is wrapping up its worst financial performance since 2008, with profits down more than 40% so far this year. As a result, end-of-year bonus payouts are sure to be …
You’ve Won 89¢! Just Send in $20 to Collect
Apparently, it’s totally legal to scam people, so long as you inform them they’re being scammed in the fine print. How brilliant! And how evil!
5 Ways to Recognize a Financial Scam
With a tough economy making timely retirement less likely for many folks, retirement-related financial scams may be on the upswing. Here are five ways to know if you are being played.
Poor Economy Causes Livestock Rustling to Spike
An estimated 4,500 cattle have been reported missing or stolen this year in Texas and Oklahoma. And the livestock thieves seem to know exactly what they’re doing. “These guys are not your typical fly-by-night, …