Why and How College Students are Scammed

College students are ideal victims for identity theft, with clean or still non-existent credit histories ripe for exploitation…and often clueless to their risks and value to scammers. They are more likely to boast birth dates and other personal nuggets on social media that can be pieced together by Facebook-trawling identity thieves. Use public Wi-Fi for risky online shopping, banking, and to access email. Open links that hide computer malware touting free music and games, information-requiring surveys and prizes, or intriguing …

Spring Cleaning for Scam-Proofing

Spring cleaning shouldn’t end with a yard sale or Goodwill drop-off. Here are some seasonally appropriate sprucing tips to reduce your risk of identity theft and other fraud. Wallet. Clean it of what you shouldn’t be carrying. These include your Social Security card (unless you’re heading to an SSA office), cheat sheets with PINs or passwords for bank cards or online accounts, spare keys for your home or car, and blank checks. Unless you’re heading to a doctor or health …

Get a Power of Attorney (But Make Sure It’s Not a License to Steal)

Many of us understand that saving for retirement and for the long term is one of the most important actions you can take to ensure a secure future. So is protecting that savings. One in five older adults fall victim to some form of financial exploitation. Sometimes the loss is minor, but sometimes it can be disastrous. In a single case, the average victim loses $120,000, which is roughly the average amount of a 50-year-old’s entire retirement savings. AARP understands …

The Procrastinator’s Guide to Gift-Giving Gotchas

Still haven’t checked off everyone on your holiday Nice List? Naughty you! Whether you’re a bona fide procrastinator who still can’t decide (tick-tock), enjoy the thrill of that 11th-hour gift hunt, or are just in dire need of a calendar, beware of this season’s Grinchiest gotchas. Facebook gift exchanges. Buy one item and get up to 36 for free? It sounds like Secret Santa Shangri-la for Johnny-come-latelies and BOGO fans, but these Facebook-viral come-ons are scams. This season, the biggies …

Top 4 Gift-Card Scams to Avoid This Holiday Season and Beyond

As the most popular holiday gift, gift cards — millions of them — will be exchanged this season. Unfortunately, though, they often wind up in the hands of scammers. Because they provide an easy and virtually untraceable payoff, and consumers have heeded well-publicized warnings about the risks of sending payments by wire transfers and prepaid debit cards, gift cards have become the preferred payment method among fraudsters. Among the reigning gift-card scams: Payment ploys. Whether the claim is that you …

The Real Fallout From Fake News

En español |  When fake news isn’t fueling what some considered tip-the-scales influence on a presidential choice, the primary purpose of shocking headlines and bogus reports is to make money for some while scamming others. Politics aside, most fake news and fake news websites exist to make money from advertising: The more clicks of that page, the higher commission received from views of surrounding display ads. Outrageous claims attract eyeballs, helping to pad pockets. Ways to save, expert investment advice, …