Tens of millions of dollar lost - hundreds of victims. It's all a part of the financial carnage left behind by a financial adviser turned conman. There are some important lessons to learn from this case of betrayal.
How did one con-artist string along his victims and walk away with millions? This scam was one very elaborate scheme.
We have a cautionary tale about one elderly man who became the obsession of con-artists. One group of scammers ripped him off, he became a magnet for other thieves.
It sounded like a legitimate offer. Debt collection services offered for a reasonable fee. It was a scheme that made one man rich while driving hundreds of others into financial ruin.
He betrayed their trust by walking away with millions of their dollars. Here's the story of a financial adviser gone rogue and what you need to know to avoid falling victim to a similar scam.
It’s all in your mail. Bank accounts and credit card numbers - your most sensitive financial information. Just one case of mail theft netted thieves $150,000 and left a trail of victims in their wake.
If you get a call from someone claiming to be with the IRS, be suspicious!
Almost a million dollars’ worth of insurance claims – all of them a lie. Here's one outrageous case of insurance fraud – a crime that costs all of us.
It’s a nightmarish scenario. Someone files a trumped up lawsuit against you without even knowing. A judge rules against you in your absence and you end up owing thousands of dollars.
He was the man behind an identity theft scheme. Hundreds of credit cards found in his home and a large number of victims were hurt by this crime.
His victims trusted him and in return he stole millions of their dollars and destroyed their lives. This case comes with an important warning.
Sounds like a great online deal – over the counter drugs at deeply discounted prices. But buying those pills might be dangerous to your health.
The BBB is warning of the latest scam. In a new twist, scammers are using "jury duty" to commit identity theft or steal your money.
On January 7th of this year, a victim contacted the WFPD to report the unauthorized use of her Amarillo National Bank Visa Debit card at various locations throughout Wichita Falls.
The Deepwater Horizon oil spill, the largest environmental disaster in US history, was also an opportunity for con artists. Some scammers seized the moment to make an easy fortune.
Thinking about selling something on an online auction site? You need to beware of scam artists who have only one goal in mind.
If you think you’ll never be the target of a conartist – thing again. Here's a story that brings home the point that no one is out of reach of criminals wanting to make an easy fortune.
We're going to tell you about four words to listen for when someone is trying to sell you an investment.
How can you avoid being the victim of identity theft?
He was a man of the cloth and the host of a TV show, but authorities say he betrayed those who trusted him by stealing millions. Here is how he did it and how you can avoid losing your money in a similar scheme.
At the end of every investment scam, there is a lesson learned. Here is the takeaway from one particular scheme… and it just might save you a fortune.
How can you tell a legitimate investment opportunity from a scam? Here are two words you should keep in mind that could prevent you from losing your life savings.
The US Postal Service delivered gifts to thousands of consumers last month who were victims of scams involving Moneygram.
The voices on the phone were friendly and persistent and they convinced an elderly widow to part with tens of thousands of dollars. Its part of a billion dollar scam that might target you next.
Here's a scam that comes in several varieties. But the goal in each instance is to steal as much money from you as possible.
They were desperate and turned to him for help. But a lawyer promising to rescue homeowners on the brink of foreclosure is now charged with stealing their money instead.
Consumers trusted her with their personal financial information, but she betrayed their trust. Here's what you need to do to avoid being the victim of con-artists who can turn your life into a nightmare.
You know the old adage "love is blind." Well, that's exactly what so-called sweetheart scammers on counting on.
They trusted their neighbor but that trust was betrayed. One family learned the hard way just how easy one can end up a victim of identity theft.
This story begins in the 1900’s when oil was discovered on Spindletop Hill in Texas the first major gusher of the Texas oil boom.
They thought they had invested their money in real estate.
When someone promises you a guaranteed return on your investment, be cautious.
Who doesn't want to make a little extra money on the side?
Con-artists claim they can offer you a low-interest mortgage refinance, but in the end they sign you up for a rate much higher than the market.
It’s a scam that has been around for a long time, but it still works.
It was an inside job. A group of scam artists stole hundreds of high-end apparel bags. The scam continued on eBay and that move was the beginning of the end.
Selling phony oil and gas leases over the phone. Con-artists have been doing it for decades and it still works. Here is what you need to know to avoid being a scammer’s next victim.
It seemed like the perfect job, but an ad on Craiglist led one unsuspecting college student directly into the hands of a con-artist.
Here's an example of what can go wrong when one person has too much power in an organization and there's little or no oversight.
W.S. Badger Co. is voluntarily recalling 30,000 sunscreen products for babies and young children. All lots of its 4-ounce SPF 30 Baby Sunscreen Lotion and one lot of its 4-ounce...
The Consumer Product Safety Commission (CPSC) is recalling two toys they believe pose a possible choking hazard. These are toys that would most likely be purchased for young children. 1....
You’d think by now that manufacturers of baby clothing could get it right. But for some reason (most likely cost reduction) companies that make infants and young children’s clothing continue...
Giant Bicycle is recalling their XtC bicycles because the seat posts and the after-market seat posts can crack, causing riders to fall. Consumers should immediately stop using the recalled bicycles...
There is a new twist to an old scam that continues to lure people in. Con-artists have come up with one more way to deceive potential victims of foreign lottery scams.
Next time you think about doing business with a company you don't know much about, keep this story in mind. Dozens of people ended up losing money in this scam disguised as a community charity.
Here's a story that drives home the point that there are con artists out there that just won't give up until they've drained their victims of every dime they have. But there are ways to avoid being caught up in a vicious cycle of greed.
Child pornography cases are among the most disturbing postal inspectors investigate.
With many people moving during the summer months, scammers are exploiting this confusing time by offering unnecessary change of address services.
Next time you think you've found an investment that is fool proof, think again. You can never do enough research before investing money you think you can't lose.
Over-the-range microwaves clear up counter space and look more streamlined in your kitchen. Consumer Reports tested more than 80 to find the best.
Feeding a hungry baby isn't always a picnic, but it shouldn't be dangerous.
Are you brand loyal with your toilet paper? Consumer Reports says you might want to reassess.
How often do you shop at the supermarket?
Toothbrushes - for something so simple, there sure are a lot of choices.
For the second time in three years, Mazda Motor Corp has issued a recall for Mazda6 sedans in North America because of a spider that likes the smell of gasoline and weaves a web that blocks a vent in the engine.
It's a pretty basic concept-you go to the hospital to get well. But unfortunately, a recent study shows far too many people are dying in hospitals after something goes wrong.
Toyota Motor Corp. is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe and other places.
Performance tires aren't just for expensive sports cars anymore. Consumer Reports can help you get the right ones.
The average bill for phone, Internet and TV runs more than 150 dollars a month, according to the market research firm, the Mintel Group.
Consumer Reports recently reported that some kinds of caramel color in soft drinks can contain a potential carcinogen. Now it's tested several brands of pancake syrups. The results underscore why consumers should be aware of how much food they eat that lists caramel color on the label.
Looking for the next big thing? More than five million smart watches are forecast to ship this year, according to the research firm Canalys.
Rental websites make it easy to find a vacation home. But make sure you're paying the legitimate owner. In a new type of scam, thieves pose as owners so you pay them instead.
There's a growing problem in our supermarkets - good food gone bad.
Find out which cars Consumer Reports says are the top picks for 2014!
Consumer Reports just tested new free apps designed to keep car accidents from happening.
Is exercising in extreme heat and humidity healthful? Consumer Reports medical experts have a caution.
Consumer Reports put 10 steam-cooked meals to the test from Kashi, Lean Cuisine, Healthy Choice and Marie Callender’s.
Wearing the wrong shoes can lead to life-long deformities that require surgery to fix.
The fast-food you get sometimes doesn't look like the tasty food you saw advertised!
Flushable wipes may not be so flushable after all.
Consumer Reports is testing camera phones to see which ones produce the best pictures!
Consumer Reports put two dozen mattresses through rigorous tests to help you find the right one.
Consumer Reports has new information on what types of products break most often and how to decide whether to fix them or buy new.
Consumer Reports is out with its annual list of Best and Worst New-Car Values!
Before you recycle old electronics, it’s essential to make sure that all your information gets erased!
As holiday shopping and travel season move into full swing, Consumer Reports is out with its fourth annual naughty and nice list.
Consumer Reports and the Consumer Product Safety Commission have found several strollers that could pose a risk of strangulation.
Consumer Reports tested 10 non-isolated headphones costing between 30 and 150 dollars.
A Consumer Reports survey finds more than two-thirds of American adults take a multivitamin or other dietary supplement.
Consumer Reports takes a closer look at downside of foods with added nutrients.
Consumer Reports tested what could be the desk of the future - a treadmill desk. Some people have already made the switch.
There's a revolution in TV display technology! Here's some advice if you, like lots of people, are having trouble sorting it all out.
You probably don't give much thought to your cell phone during an emergency. Consumer Reports has important advice to keep you connected.
Consumer Reports taste-tested a wide variety of store brand foods to see how they stack up against big-name national brands.
It's that time of year again ... when thoughts turn from swimming and sunscreen … to school supplies!
Americans spend over 250 billion dollars a year on prescription drugs... but savvy shopping -- even for those covered by insurance -- can save you plenty.
Consumer Reports' money adviser found some prepaid cards are much better than others.
Consumer Reports just tested more than a dozen frozen pizzas and says there are several good choices -- even one that beat out the big chains!
Most adults don't get enough fiber..... Consumer Reports says one convenient fix is the breakfast cereal you pick.
Nothing beats the heat like a frozen drink or fruit smoothie -- that's if you've got the right blender. Consumer Reports just tested 65 blenders!
When it's time to buy new ink cartridges for your printer, the cost can be a real shock!
But how well do wireless speakers compare to traditional speakers? Take a listen to what Consumer Reports says are the best and worst wireless speakers on the market!
Nothing brings music to life like a set of good speakers.
But how well do wireless speakers compare to traditional speakers?
Take a listen to what Consumer Reports says are the best and worst wireless speakers on the market!
Consumer Reports serves up its latest test results on which paper plates are not only best for any occasion -- but for the environment as well!
If you're looking at airlines for a summer vacation, Consumer Reports flies through its latest investigation on which airlines will get you to your destination hassle free.
Save money on your TV, Internet, and Cell Phone bills!
New generics of big-name drugs can save you money. But this doesn't mean the price is right.
Toy Balls and Beeds that Expand in Water Pose a Safety Hazard for Small Children
Used-car shoppers, listen up! Some very popular vehicles have run into problems.
Unclaimed Money Could Be Yours....