Items Tagged with 'scams'

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  • How to avoid being one of the 5.2 million renters scammed in rental fraud

    Estimated 5.2 million renters lost money to scammers in the U.S., according to Apartment List
    A staggering 5.2 million renters lost money to scammers, according to a newly released report from Apartment List. A disproportionate number of these people are young renters between the ages of 18 and 29-years-old. Read on for tips on how to avoid getting scammed out of your hard-earned money.
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  • Sounding the alarm: Mortgage wire fraud is a much bigger threat than you realize

    If you think mortgage wire fraud is a problem only for vendors, think again
    Fraud is an issue that we don’t like to think about in the mortgage industry. Yet it always seems to be there, lingering on the fringe of our focus. From time to time, the topic bubbles up in the news or at a convention. We talk about it, give it the proverbial “15 minutes of fame", but rarely are we forced to alter the way we do business or invest large amounts into protecting ourselves from it.
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  • AARP Study Examines Behavior of Fraud Victims

    A nationwide National Fraud Victim Study commissioned by the AARP Foundation examined people over the age of 50 who had fallen victim to fraud and sought to identify behaviors that made them more susceptible to fraudulent sales pitches. The most prevalent scams identified by the survey included advance fee loan schemes, investment cons, fraudulent business opportunity deals and lottery scams.  The study compared the experiences of the older Americans and compared them to the general population to examine the differences and identify reasons the older population are more at risk. Overall, victims of fraud were found to be more
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