As Americans struggle to stay afloat during these tough economic times, it seems everyone is scaling back on their purchases. But sometimes, you come across a deal on a product with an offer that seems too good to refuse. Unfortunately, scammers are out in full force to take advantage of shoppers searching for deals and often making offers that are too good to be true.

Whether pulling the old bait and switch, or offering miracle cure-all products, false advertising is illegal. We have some great advice here at the AMW Safety Center from the Federal Trade Commission (FTC) to help you recognize these false claims, and what you can do to protect your wallet against them.

As tax time approaches, people all over the country are concerned with keeping their finances on track, especially as the economy continues to veer towards the unknown. With new tax cuts and stimulus payments becoming available, it’s possible to become confused. The IRS has already reported numerous errors in early tax filings. Additionally, you should be on guard against any number of scams that pop up around this time of year, particularly those that claim to offer you excessive stimulus payments. Continue reading Outsmart Scammers: Stay On Guard Against Tax-Time Fraud »

If you are one of the many Americans experiencing financial difficulties from a job loss, illness, or overspending, you might be feeling overwhelmed as you fall behind in your responsibilities. With mounting debt, crumbling credit, or even the possibility of losing your home, any offer of debt relief can sound very enticing. If you encounter a company that claims it can fix your credit, or that offers quick solutions to helping you to avoid foreclosure, you should always be wary, particularly if they ask for money upfront. Many of these companies end up taking your money, but never provide you with any services. Continue reading Outsmart Scammers: Stay On Guard Against Credit Repair Schemes »

Valerie K: I met someone on an Internet dating site late August, and fell head over heels with this man. Long story short, I am the most gullible individual in the world. He has taken approximately $15K from me over time until about a month ago, as I kept him close thinking I could find somebody that could help me, but I am disabled.  I thought this person was legitimate, but he has taken money I needed for surgery and to pay bills, as I don’t make too much per month. How could I have known?

JW: If you become involved with someone through the Internet, remember that you do not know the person, no matter how much you chat online, and no matter how much they sweet-talk you. Con artists are able to trick unsuspecting people into thinking they are interested in a long-term relationship, and over time they gain your trust and use that trust to rip you off.  I’m sorry that’s happened to you. We turned to The National Consumers League for some tips on how to spot what they call a “sweetheart swindler,” and here’s what they came up with Continue reading How Can I Avoid Online Dating Scammers? »