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Federal Trade Commission

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Scammers Posing As Well-Known Businesses, Agencies: Here's What To Know, Feds Say Scammers Posing As Well-Known Businesses, Agencies: Here's What To Know, Feds Say
Scammers Posing As Well-Known Businesses, Agencies: Here's What To Know, Feds Say Federal authorities are sounding the alarm over scams that impersonate well-known businesses and government agencies.  In 2023, data from the Federal Trade Commission (FTC) alone show more than 330,000 reports of business impersonation scams and nearly 160,000 reports of government impersonation scams. That amounts to nearly half the frauds reported directly to the agency, the FTC said. Combined, reported losses to these impersonation scams topped $1.1 billion for the year, more than three times what consumers reported in 2020. Reports show an increasingly blurred line between busine…

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by Joe Lombardi
News
Don't Die In Massachusetts. It Costs Too Much Don't Die In Massachusetts. It Costs Too Much
Don't Die In Massachusetts. It Costs Too Much If you plan to die, do it somewhere outside of Massachusetts. According to a new study, the Bay State is one of the nation's most expensive places to perish.  Forbes recently tallied all the financial costs of losing a loved one. That included end-of-life care and funeral expenses. What they found is that not only is the cost of living rising, but so is the price of dying. Alaska was the priciest place to die, with it costing more than $33,000 on average. That's $24,400 for end-of-life care and an average funeral price tag of $9,300, according to the Forbes study. Hawaii is next,…

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by Josh Lanier
Police & Fire
Boston Police Seeking Scammer Who Stole Over $13,000 From 79-Year-Old Man Boston Police Seeking Scammer Who Stole Over $13,000 From 79-Year-Old Man
Boston Police Seeking Scammer Who Stole Over $13,000 From 79-Year-Old Man Boston Police are seeking the public's help in locating a suspect's car who apparently scammed a 79-year-old man out of $13,500 dollars.  The man told police that someone called him saying his needed to be bailed out of jail grandson following an incident with a woman who was seriously injured, police said. A second person, claiming to be a public defender, reiterated the situation and said bail bondsman could meet the and pick up the money.  The trade-off was arranged in the Longwood area because the man said he needed to bring a family member to the hospital. That…

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by David Cifarelli
Police & Fire
Don't Fall For Them: Alert Issued For Student Loan Forgiveness Scams Don't Fall For Them: Alert Issued For Student Loan Forgiveness Scams
Don't Fall For Them: Alert Issued For Student Loan Forgiveness Scams Days after President Biden announced a sweeping plan to forgive thousands of dollars in federal student loans, authorities are warning of scammers preying on those with student debt. Several police agencies around the country are urging people to be on the lookout for “red flags” that may indicate a would-be scammer. Among them are promises to get student borrowers even more money, or claims they can get a borrower their money faster, police said. The Federal Trade Commission (FTC) put out a statement telling student loan borrowers they don’t need to do anything or pay anybody to sign up f…

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by Michael Mashburn
Police & Fire
Scammer Steals Thousands Of Dollars From Scared Boston Grandparent: Police Scammer Steals Thousands Of Dollars From Scared Boston Grandparent: Police
Scammer Steals Thousands Of Dollars From Scared Boston Grandparent: Police A Boston granddad is out thousands of dollars after a scammer preyed on his love for his grandson.  Last month an 83-year-old man got a phone call from a "public defender" who claimed the man's grandson was in a lot of trouble after police arrested him on a reckless endangerment charge, Boston police said. The fake lawyer said the octogenarian would need to fork over thousands of dollars to bail the young man out of jail.  He sent the money, but none of it was real.  Boston police said the call came in from the 151 Tremont St. area. A surveillance video captured the person o…

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by Josh Lanier