Monday, September 23, 2019
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Money

Have you ever noticed that when people say not to worry about money it usually means they’ve got a lot and you don’t? Here at the Wake Forest News we take money seriously and cover the topic like nobody’s bidness.

FTC Disconnects Pointbreak Media Robocall Scheme Defendants

Callers falsely claimed company represented Google, sought fees between $300 and $700 for first-page placement in online search results listings At the Federal Trade Commission’s request, a U.S. district court in Florida granted summary judgment against two individuals, approved six settlement agreements involving 11 defendants, and entered a default judgment against the remaining seven defendants, officially ending the massive Pointbreak ... Read More »

Former IRS Employee Convicted of Tax Evasion

A federal jury in Las Vegas, Nevada, yesterday convicted Craig P. Orrock, a former attorney and former Internal Revenue Service (IRS) employee, of tax evasion and obstructing the internal revenue laws, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division, U.S. Attorney Nicholas A. Trutanich for the District of Nevada, and Special Agent in ... Read More »

Consumer Financial Protection Bureau Files Suit Against Forster & Garbus, LLP

WASHINGTON, D.C. — The Consumer Financial Protection Bureau recently filed a lawsuit in the federal district court in the Eastern District of New York against Forster & Garbus, LLP, a New York debt-collection law firm. The Bureau’s complaint alleges that Forster & Garbus violated the Fair Debt Collection Practices Act by representing to consumers that attorneys were meaningfully involved in ... Read More »

8 Affordable Alternatives to Cable in 2019

Alternatives to Cable TV - Old TV

How can I find my favorite TV show… tonight?  For those of us currently paying for a cable TV connection, the answer is simple: turn on the TV, scroll through the dozens of simultaneously available channels, and select the perfect show. Now, sit back, relax and try not to think about the cost of such a luxury. Of course, there ... Read More »

Your right to post honest reviews

Whether your summer plans include replacing your air conditioning, installing new flooring, or riding the range, you will probably read customer reviews to learn what people say about their experiences with a business or product. Shoppers benefit from knowing what others have to say, and the Consumer Review Fairness Act (CRFA) protects people’s ability to share their truthful experiences and ... Read More »

Put the Brakes on Phony Online Car Sales

You can buy practically anything online, including used cars. But before you shell out any hard-earned cash, here’s a warning about scammers trying to sell cars they don’t have or own. Here’s how the scam works: Criminals post ads on online auction and sales websites, like eBay Motors, for inexpensive used cars (that they don’t really own). They offer to ... Read More »

Consumer Financial Protection Bureau Settles with Student CU Connect CUSO over ITT Private Loan Program

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) recently announced a settlement with Student CU Connect CUSO, LLC (CUSO), a company set up to hold and manage private loans for students at ITT Technical Institute.  The Bureau filed a complaint and a proposed stipulated judgment in federal district court for the Southern District of Indiana alleging that CUSO provided ... Read More »

Avoid Crowdfunding Scams

Crowdfunding is one way to support a project you believe in and get rewards for that support. But the project you’re backing is only as good as the people behind it. Some dishonest people can take your money but produce nothing – no product, no project, and no reward. Here’s how crowdfunding works: People called “creators” ask for small amounts ... Read More »

Get a One-Ring Call? Don’t Call Back.

A while back, we warned you about the “one ring” scam. That’s when you get a phone call from a number you don’t know, and the call stops after just one ring. The scammer is hoping you’ll call back, because it’s really an international toll number and will appear as a charge on your phone bill — with most of ... Read More »

Parental Advisory: Dating Apps

Parents be warned: some dating apps – like FastMeet, Meet24 and Meet4U – allow adults to find and communicate with children. Concerned parents should remove these apps if they’re on children’s devices. You also can set your kids’ devices so they must get parental approval before purchasing any new apps. Here are a few more things you should know. FastMeet, ... Read More »