• FRAUD ALERT: FAKE CHECKS
    USED FOR A VARIETY OF COSTLY SCAMS
    • It isnít easy to spot a counterfeit check. Fraudsters can make a fake check look completely legitimate, so good that even a bank teller canít spot it. Thatís why fraudsters are using fake checks to commit all sorts of scams, including phony prize awards, fake job offers, mystery shopper scams, and bogus online classified ad sales.

  • IRS WARNS TAX PROS
    ABOUT NEW ONLINE THREATS
    • The Internal Revenue Service is warning tax preparers about a new scam designed to steal their usernames and passwords. The hackerís goal is to break in to the preparerís computer system and steal client information.

CAR PROBLEMS & SHODDY HOME REPAIRS TOP ANNUAL LIST OF CONSUMER COMPLAINTS
Consumers have problems with all sorts of products and services, but once again this year, car-related issues are number one on the annual list of top 10 complaints. Home improvement and construction, including issues with solar came in second.
 
DATA BREACHES HAPPENING AT RECORD PACE, REPORT FINDS
The number of data breaches in the U.S. jumped 29 percent in the first half of this year, hitting a record high of 791, according to a new report. While some of these compromises are due to employee error, most are the result of hacking. And most go unnoticed for about six months.
 
FREE WI-FI DOESN'T MEAN SAFE WI-FI AND NEITHER DOES HAVING THE PASSWORD
Most people who rely on public Wi-Fi to get online are willing to sacrifice security for access — ignoring or unaware of the risk from hackers, according to a new survey by the digital security company Norton by Symantec. Nine out of 10 Americans have potentially put their personal information at risk doing this.
 
DEALDASH PENNY AUCTION SUED FOR RUNNING 'PERVERSE LOTTERIES'
DealDash, one of the largest and best known "penny auction" websites, is being sued by a former customer who feels he was misled by the site. DealDash is also accused of operating an “illegal gambling site” and using a “widespread deceptive marketing campaign to lure customers” to the site, according to the advertising watchdog group Truth in Advertising.
 
U.S. GOVERNMENT & BANK WEBSITES FLUNK NEW SECURITY AND PRIVACY TEST
The non-profit Online Trust Alliance anonymously audited more than 1,000 websites for their site security, email security and privacy practices. Websites run by the country’s largest banks and the U.S. federal government scored the poorest in this audit.
 
FAST FOOD PLACES BEAT OUT FULL-SERVICE RESTAURANTS FOR CUSTOMER SATISFACTION
America’s preference for where to eat when dining out is undergoing some dramatic changes. Satisfaction with full-service restaurants is now at its lowest point in more than 10 years, according to a new national survey.
 
SURPRISE! MILLENIALS ARE POWERING THE HOUSING MARKET
Millennials are growing up, settling down and looking to buy a house – for the extra room and the investment opportunity. In fact, millennials were the largest group of home buyers (34 percent) for the fourth consecutive year in 2016.
 
THE COST OF BORROWING FOR COLLEGE IS ABOUT TO GO UP
Students who need to borrow from the federal government to pay for college this fall will get hit with significantly higher interest rates. And the financial burden on lower-income students could increase even more if Congress approves the president’s plan to eliminate subsidized student loans.
 
SURVEY: MANY AMERICANS ARE STILL TOTALLY CONFUSED ABOUT CREDIT SCORES
When it comes to credit, most Americans know that a good credit score is important and a bad score can stop them from getting a credit card or qualifying for a loan. But after that, there’s a great deal of confusion and misinformation.
 
SHOULD YOU RENT SOMEONE ELSE'S PLACE WHEN YOU GO ON VACATION?
More and more holiday travelers are choosing to rent a house or apartment from the owner, rather than book a hotel room. And in most cases, those who go this non-traditional route are happy they did, according to a new survey by Consumer Reports.

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