Financial Scams...
Below are our articles on the subject of Financial Scams. If you can't see what you are looking for our other categories are displayed on the left under 'Our Quick Links'...
Baby Boomer and Pensioner Scams
As the baby boomer population nears retirement age, the boomers are eager to make the most of life, and to invest their money so they can enjoy the years after work....
Bank Charge Scam
Most scams are perpetrated by criminals who want your money. But the banks want your money too, and there are times when they might be taking it from you illegally. If...
Bank Identification or BIN numbers Scam
Have you ever had someone on the phone, claiming to be from a bank or business, and quoting the first six numbers from your bank card at you?...
Card Skimming Fraud
It's something you read about in the news. A person goes to use a hole in the wall cashpoint, and a few days later discovers that his entire bank account has been...
Cheque Scams
A cheque has always seemed to be a very proper form of payment for goods and services. We write them and receive them, put them in the bank, and assume that because it's...
Credit Repair Scam
With consumer lending and spending at an all-time high, it's not surprising that people end up in debt. Even if you're perfectly solvent, you've almost certainly...
Fake Tax Experts
Everywhere you look, whenever tax time approaches people come out of the woodwork offering advice about your taxes. The problem is that anyone can claim to be an...
High Risk Investment Scams
Quite understandably, people want the highest possible return from their investments. But as a general rule, the higher the return, the greater the risk of the...
HM Revenue and Custom Scam
One of life’s worst tasks is paying taxes and giving up your hard-earned money. But it’s something we all have to do like it or not. So when we get the news that we’re...
HMRC Data Loss Scandal
The big scandal occurred in November 2007 when it was announced that HMRC - the tax people - had lost two discs containing data, including bank details, on some 25...
HMRC Self Assessment: Phishing Scam
It’s bad enough that we have to pay taxes, and anyone who’s filled out the self-assessment forms from HMRC will know that they’re a minefield to work through. The...
Losing it all at the ATM
In a relatively short time we've come to rely heavily on ATMs, those holes in the wall that can dispense cash 24 hours a day. The days when you had to hope the bank...
Matrix Scam
It's an unusual name, one that has nothing to do with the film. Instead, the matrix scam is a very clever variation of the pyramid scheme and the chain letter, one...
Office of Government Commerce Scam
We tend to think of scams attacking individuals but that’s not always the case. Businesses can be targeted too, and sometimes more successfully, since it’s something no...
Offshore Investment Scam
Offshore investments have long been touted as a way to get a better return on your money and also pay less tax. In plenty of cases that can be true. But there are also...
Prime Bank Guarantee Scam
The prime bank guarantee scam is a high stakes swindle that was first warned about in 1993. It has the lure of big money, big institutions, secrecy and playing on a...
Property Scam
It's tempting to think that we can get rich quickly, that there's a short cut to wealth. After all, others seem to manage it, and the property market has always seemed a...
Psychic Scam
We'd all like to know the future and be able to tell what's going to happen to us. But, in spite of what Nostradamus predicts, or what others will tell you, no one has...
Pyramid Schemes
Pyramid schemes are old cons, but these days they're all over the Internet. According to a report released by the F.B.I. and the National White Collar Crime Center in...
Quiz Show Fraud
For as long as there have been quiz shows on television, there has been fraud. Sometimes it's actively condoned by the producers, at other times they've been cheated by...
Scams And Seniors
Scam artists are always eager to take advantage of people. But they're particularly happy to find older victims who can seem like easy targets. These are some of their...
Stock Tip Scams: Pump and Dump
You can make a lot of money on the stock market. But you can also lose a lot. It's a field that demands a lot of knowledge to play well and one that leaves itself open...
The Boiler Room Scam: Bogus Stocks and Shares
The so-called ‘Boiler room’ scams have been in operation for many years in one form or another, and they have been responsible for a great deal...
The Church Con
A recent con perpetrated by members of the Seventh-Day Adventist Church on other members of their congregation highlights a type of scam well worth examining - the...
The 'Protected Trademarks' Scam
If you’re thinking of applying for trademark protection for your business, you’ll need to be on your guard against scammers who try to get money from you in return...
