fraud

Where to Report Scams (and Why It’s Important)

Posted on 04/18/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsSilence is golden, at least for scammers. Say nothing and their bilking can continue until you and others are bled dry. Speak up and it can stop. Take, for example, another impressive yet little-publicized bust recently announced by the Federal Trade Commission. It ended a telemarketing scheme believed to have scammed more than $20 million from tens of thousands of older Americans. The agency alleges that for 31 months, a network of scammers in the U.S. and Canada cold-called retirement-age Americans …

Fear Is Back! Jury Duty, Other Intimidation Scams Return

Posted on 04/11/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsAs the forecast faithful can verify, March certainly came in like a lion. But out like a lamb? Scammers continue to be anything but sheepish in trying to steal your money and identity. Witness the recent return of the jury duty scam. That’s when fraudsters, posing as courthouse officials or police, telephone with claims you missed jury duty. Because of that, they threaten, you’re going to be arrested unless a fine is immediately paid — sometimes requested by credit card, but usually a …

Medicare Database Reveals Top-Paid Doctors

Posted on 04/9/2014 by | General News | Comments

Bulletin TodayBy Ricardo Alonso-Zaldivar and Serdar Tumgoren, Associated Press WASHINGTON (AP) — Medicare paid a tiny group of doctors $3 million or more apiece in 2012. One got nearly $21 million. Those are among the findings of an Associated Press analysis of physician data released Wednesday by the Obama administration, part of a move to open the books on health care financing. Topping Medicare’s list was Florida ophthalmologist Salomon Melgen, whose relationship with Sen. Robert Menendez (D-N.J.), made headlines last year …

New IRS Message to Taxpayers: We’ve Got Your Back

Posted on 04/4/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsThe recently installed head of the Internal Revenue Service, John Koskinen, dropped in on members of the media the other day at the National Press Club in Washington. His message: The tax collection agency is out to restore public trust amid accusations the IRS acted inappropriately in reviewing tax-exempt status for certain public welfare groups, known as 501(c)(4) organizations. “Taxpayers need to be confident that the IRS will treat them fairly. It doesn’t make any difference who they are, what …

Powerball Scam: ‘Unclaimed’ Prize Claims Casing You for Future Fraud

Posted on 04/2/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsJust as sweepstakes scam season kicks off — these prize lies tend proliferate in spring through summer — fraudsters have conceived a clever new con. In random telephone calls, crooks claim there are “unclaimed” Powerball prizes that you can win by picking random numbers. Do that, officials say, and you may get a follow-up phone call alleging that your numbers won a lower-level prize of a new car and/or a boatload of cash. But know this: “They seem to be ‘casing’ the consumers …

IRS Watchdog: Impostor Phone Scam Largest Ever

Posted on 03/21/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsFrom its infancy several months ago, this was no typical telephone scam “phishing” for personal information. These crooks, posing as IRS agents, already had some of it — including the last four digits of the Social Security number of those whom they called. And perhaps that explains, at least in part, why it’s since grown to become the “the largest scam of its kind we have ever seen,” the IRS inspector general said Thursday. At least 20,000 taxpayers have been contacted …