Sometimes people ask me what I think about the latest news about COVID-19 scams or related coronavirus breaking news; in the case of some of the most recent nonsense (see below) an eye roll is all I can muster--until you realize that there are plenty of people who don’t think about such things until a scammer is practically knocking on your front door to part you from your money. In November 2020, CNBC.com reported that YouTube banned the One … [Read more...]
Is American Bill Money Worth The Time?
Is American Bill Money (ABM) worth the time? For some, the real question has more to do with the nature of this company--what exactly IS American Bill Money? American Bill Money is described on its official site as a “24/7 marketing system”. Basically, you pay to sign up to get “marketing leads” you get to recruit other people into doing what you just did--pay a fee for leads and “free” marketing postcards (postcards that are not “free” unless … [Read more...]
How To Tell You’re Getting Scammed
Do you know how to tell if you are being scammed? It doesn’t matter if you are investing money in a multi-level marketing program, applying for a line of credit, or taking the advice of Suze Orman or Dave Ramsey in the investment market; there are tell-tale signs you could be subject to a scam. Do your internal alarm bells start ringing when someone asks you to pay via wire transfer or Bitcoin? If not, keep reading. You may want to revise some … [Read more...]
Mortgage Scams To Avoid
Mortgage scams to avoid come in a variety of different types and not all of them have to do with purchasing a home or applying for a new loan to so. The Department of Housing and Urban Development warns consumers that mortgage scams frequently involve foreclosure avoidance schemes or refinance loans instead of new purchases. New purchase loans are not always scam-free. But there are some things you can do to protect yourself when buying the … [Read more...]