Tag "fraud alert"

Credit Card Chips Don’t Protect Against Fraud

Spurred by regulatory changes and a spate of high-profile data breaches, U.S. banks and retailers are moving from traditional credit cards — those bearing easily copied magnetic strips — to cards embedded with microchips that are less susceptible to duplication

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Hackers Use Starbucks App to Steal Money From Latte Drinkers

Any time you link an app to your bank account or credit card, you better use a good password. That seems to be the takeaway from a recent spate of thefts suffered by people using the Starbucks app, which lets

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Heather Wagenhals Explains How to Avoid Vacation Summer Scams on KSAL Radio

Rich Alexander and Jeff Garretson, hosts of The KSAL Morning News Show, interview Heather Wagenhals, Certified Identity Theft Risk Management Specialist and Personal Finance Expert on the topic of vacation hackers. Last year, more than 317 million pieces of malware were

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CalRecycle Combats Fraud with $55 Million in Annual Deficits

SACRAMENTO, Calif. (KCRA) —For the second time in less than a week, CalRecycle announced a major bust involving people illegally bringing out-of-state containers to California to steal CRV refunds. In February, the agency caught a truck driver hauling 9,280 pounds

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Feds Call National Mortgage Servicer

The Federal Trade Commission and Consumer Financial Protection Bureau are not playing any games when it comes to making loan servicers pay for illegal and unscrupulous behavior. The latest case, Green Tree Servicing LLC. Today, the FTC and CFPB reached a

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Watch Out for Virtual Gigolos Scam

Kerry Lutz, host of Financial Survival Network, interviewed Heather Wagenhals on the latest scam out there, the romance scam with virtual gigolos striking Canada victims. This week Heather asks what’s going on in Canada as reports come in revealing Canadian women in their 50′s and

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Reminder: Your Funds are Awaiting their Release

The latest text message scam is out, targeting victims to redeem their “free cash” and all you have to do is reply to the message. Seems legit, right? Wrong. As our very own Certified Identity Theft Risk Management Specialist and host

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Scam Artists Come Up With New Ways to Fool You For Your Money

It seems that every day we hear about another scam and victims falling prey. Recently an IRS impersonation scam fooled thousands of victims into paying out more than a million dollars, thinking the IRS was calling them to collect taxes.

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12 Types of Fraud to Watch For

Fraud is a word no financial advisor wants to hear. Advisors may unwittingly abet a fraudulent scheme that victimizes their clients, or they may allow it to occur by not taking more diligent proactive safeguards. RELATED: Fake Confirmation Emails Contain Malware

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Identity Fraud Sees Massive Rise in 2014

If you are male, aged 46 and live in a sizeable city such as London, Leicester or Leeds you are more likely to be a victim of identity fraud than anyone else in the country, according to the annual report

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