Category: Consumer Fraud Education
- Consumer Complaints
- Consumer Affairs Agencies
- Senior Alerts
- Fraud News
Consumer Warning & Alert CFP Board of Standards
Our opinion and review highlights the inappropriateness of CFP® trademark credential programs at university and colleges and utilizing student college savings plans, such as the 529 Plan, from privately owned companies (with trademark credential use by conditional permission companies). Specifically, the CFP® & CERTIFIED FINANCIAL PLANNER™ trademarks owned by the "Certified Financial Planner Board of Standards, Inc.."
Scam Alert: Beware of ERTC Firms Bearing Gifts
The National Council of Nonprofits recently shared information on tax scams identified by the Internal Revenue Service that are targeting nonprofit organizations. The IRS released its annual Dirty Dozen list representing, as they put it, “the worst of the worst tax scams.” Among this year’s scams is aggressive marketing schemes to con ineligible nonprofits to claim ERTC benefits.
Elder Fraud Advisory
Seniors are often targeted for elder fraud because they tend to be very trusting and polite. Seniors usually have significant financial savings, own a home, and have good credit—all of which make them attractive for scams.
Fraud Alert Utah Land Surveyor Scams
Since the engineering work involved in a survey and the terms and equipment is far beyond the scope of what a layman could do, have or know, and most people assume the land surveyor or engineer must be honest to be licensed, they don't suspect this fraud. It's real and it has happened to me, but I caught it in time!
Consumer Rights
Latest
The 8 Consumer Rights of Every American
President John F. Kennedy, in his speech in 1962, introduced the Consumer Bill of Rights to Congress. He mentioned four basic consumer rights: the right to safety, the right to be informed, the right to choose and the right to be heard. Later, during the 1980s, these four basic consumer rights were expanded to eight. These eight rights are described in this article.
Financial Reports
Latest
Financial Crimes News
Breaking and Latest news on the Utah State Legislature, Money laundering, Fraud, Corruption, Bribery, Tax Evasion, and other financial crimes.
Legislator Watch
Latest
A Second Look at Burgess Owens’ Second Chance 4 Youth Nonprofit
On Jan. 8, Owens’ federal filing with the U.S. House of Representatives stated: “I’ve resigned day to day involvement as CEO [of SC4Y] but will continue compensation of $70,000/year as Founder and Board Chairman.”How much went directly to helping incarcerated youths? Zero, according to the records.
Credit, Loans & Debt
Latest
Should You Buy or Lease a Car?
Making the choice between buying and leasing has often been difficult. On one hand, buying involves higher monthly costs, but you own something in the end. On the other, a lease has lower monthly payments, but you get into a cycle where you never stop paying for a vehicle.
Money Management
Latest
Avoiding Bad Financial Advisors
Specific advice and questions to ask your current and future advisors to determine in any hidden compensation or conflicts of interest. You will be be able to week out the “bad advisors”, and find a good advisor.
Consumer Advice
Latest
Consumer Warning & Alert CFP Board of Standards
Our opinion and review highlights the inappropriateness of CFP® trademark credential programs at university and colleges and utilizing student college savings plans, such as the 529 Plan, from privately owned companies (with trademark credential use by conditional permission companies). Specifically, the CFP® & CERTIFIED FINANCIAL PLANNER™ trademarks owned by the "Certified Financial Planner Board of Standards, Inc.."
Fraud Warnings, Insurance Issues, Investment Issues, Retirement Plans
Latest
