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Banking

How To Avoid Lottery, Prize Scams: You Didn’t Enter, But You 'Won'? How To Avoid Lottery, Prize Scams: You Didn’t Enter, But You 'Won'?
How To Avoid Lottery, Prize Scams: You Didn’t Enter, But You 'Won'? A surprise message says you hit the jackpot, but there’s a catch: you must pay a fee or hand over personal details to claim it.  That’s the hallmark of a lottery or prize scam—designed to separate you from your money and identity. These schemes often arrive by email, text, phone, or mail and lean on pressure tactics to force quick decisions.  Scammers frequently demand “taxes,” “processing,” or “shipping” upfront, or ask for sensitive data to “verify” you.  Legitimate lotteries do not require payment to release a prize, and you should never be asked for your Social Security…
Scammers Using Texts To Steal Bank Account Info: What To Know Scammers Using Texts To Steal Bank Account Info: What To Know
Scammers Using Texts To Steal Bank Account Info: What To Know It might look like a message from your bank. It might even sound urgent. But experts warn those texts could be nothing more than a scam designed to steal your money or personal information. Known as “smishing,” these fraudulent texts impersonate banks to trick people into handing over account details.  The scam often follows a pattern: a fake alert about a locked account or suspicious charge, followed by a link to a convincing but fraudulent website.  Entering information there can hand scammers access to your accounts, or worse, install malware on your phone. Your bank will nev…
Don’t Cash In: Unsolicited Checks Could Cost You Big Don’t Cash In: Unsolicited Checks Could Cost You Big
Don’t Cash In: Unsolicited Checks Could Cost You Big Receiving a check in the mail might seem like a stroke of luck, but experts warn it could be the start of a costly scam.  Authorities are alerting consumers about a surge in unsolicited check fraud schemes targeting people across the US. How The Scam Works Unsolicited check fraud typically begins when you receive a check from someone you don’t know.  The scammer may contact you about a job, a prize, or even as an overpayment for something you’re selling online.  The check looks genuine, and when you deposit it, the funds may appear in your account almost immediately. But …
Electrolyte Imbalance Kills Dad Of 3 After Grueling 'Everesting' Challenge Electrolyte Imbalance Kills Dad Of 3 After Grueling 'Everesting' Challenge
Electrolyte Imbalance Kills Dad Of 3 After Grueling 'Everesting' Challenge A 43-year-old Connecticut husband and father of three has died after participating in a grueling endurance event in Wyoming called “Everesting.” Slava Leykind, of Westport, suffered an electrolyte imbalance that caused cardiac arrest on July 2. He had been competing in the 29029 Everesting event, where endurance athletes climb a 1,500-foot mountain trail repeatedly until they've ascended a collective 29,032 feet, the height of Mount Everest, according to the Jackson Hole News & Guide. Leykind began climbing at 6 a.m. on the event’s second day. After five and a half hours and six tr…
J.P. Morgan Opening Luxury Banks To Attract Wealthy Clients: Look Inside (PHOTOS) J.P. Morgan Opening Luxury Banks To Attract Wealthy Clients: Look Inside (PHOTOS)
J.P. Morgan Opening Luxury Banks To Attract Wealthy Clients: Look Inside (Photos) JPMorganChase is catering to wealthier clients with more than a dozen high-end financial centers, including some in the Northeast. The banking giant will open 14 new J.P. Morgan Financial Centers throughout the last week of May, according to a news release on Tuesday, May 27. The luxury banks will be in Massachusetts, New York, California, and Florida. JPMorgan opened two locations in 2024 and plans to reach a total of 31 by the end of 2026. "Through these financial centers, we are redefining how affluent clients are served, offering a highly personalized level of service that is back…
Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know
Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know Capital One's $35.3 billion acquisition of Discover received its final approval, clearing the way for a megamerger that reshapes the credit card and payments industry. The Federal Reserve's board approved the deal on Friday, April 18. The merger brings together two of the country's top credit card issuers, giving Capital One control of Discover's global payments network of 70 million merchant locations in more than 200 countries. The acquisition – first announced in February 2024 – is expected to close Sunday, May 18, the companies said in a joint news release. "This is an exciting mo…
Florida Man Wins $50K Lottery Prize After Just Two Days In Maryland Florida Man Wins $50K Lottery Prize After Just Two Days In Maryland
Florida Man Wins $50K Lottery Prize After Just Two Days In Maryland Welcome to Maryland, where the scratch-offs hit different.  A Florida man who had been living in Baltimore for less than 48 hours struck gold with a $50,000 Big Money lottery win—before even learning how to play the game. The Maryland newcomer didn’t waste time testing his luck—and it paid off in a very big way. According to the Maryland Lottery, a man who recently moved from Florida to Baltimore was visiting Towson Town Center when he saw a shop selling scratch-offs.  With no real plan—and no idea how the game worked—he grabbed a $5 Big Money ticket. “I didn’t think it wa…
CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog
Cfpb Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog The Consumer Financial Protection Bureau has dropped a lawsuit against Capital One as concerns grow about the federal agency's future. The CFPB will no longer pursue legal action against Capital One, according to a court filing on Thursday, Feb. 27. The case, filed in January, claimed the banking giant misled customers and withheld more than $2 billion in interest payments. The company based in McLean, Virginia, supported the dismissal. "We welcome the CFPB's decision to dismiss this action, which we strongly disputed," a Capital One spokesperson said in a statement to the Daily Voice…
Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says
Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company, the agency said in a news release on Tuesday, Jan. 14. The CFPB accused Capital One of marketing its "360 Savings" accounts as offering some of the nation's highest interest rates but froze those rates while competitors' rates climbed. Simultaneously, the bank introduced a nearly identical product, "360 …
Winning $50,000 Powerball Ticket Sold At Bel Air Looney's Pub In Harford County Winning $50,000 Powerball Ticket Sold At Bel Air Looney's Pub In Harford County
Winning $50,000 Powerball Ticket Sold At Bel Air Looney's Pub In Harford County A Baltimore County man with good taste in television got an unexpected - and welcome - surprise when searching through a stack of Lottery tickets he had stashed in his car. "Malcolm Reynolds" - a moniker taken from the TV series "Firefly" - is feeling lucky after the Nottingham resident discovered that he was in possession of a $50,000 Powerball ticket amid a bunch of $4 and $7 wins. The winner said that he has a habit of purchasing tickets and letting them accumulate in a pile, and he didn't check them until a friend decided it was time and busted out her Lottery app. There was a sma…
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media A major tech outage is causing issues worldwide, including grounding flights. Banks, stock markets, and media outlets are also being affected on Friday morning, July 19. An update by cybersecurity technology company CrowdStrike appears to be the cause of device outages for millions of Microsoft Windows device users. Several major US air carriers, including Delta, United, and Spirit are under a full ground stop, according to the FAA. "Several airlines have requested FAA assistance with ground stops until the issue is resolved," the agency said. Microsoft has said it is taking "mitigation …