JOB OPPORTUNITY SCAMS

A Free Public Public Service

SCAMS BULLETIN Host Jay White is an inactive attorney in San Mateo County, California.

April 21, 2022

JOB OPPORTUNITY SCAMS

Courtesy Federal Trade Commission

Here are some common job and money-making scams:

Scammers post fake job ads for mystery shoppers, personal assistants, or caregivers. If you apply, they might send you a check, tell you to deposit or cash it, keep part and send the rest to someone else. The check is fake, and by the time the bank realizes it, the scammer has your money, and the bank will want you to repay the money you withdrew.

Business opportunity pyramid schemes.

Some might look like legitimate business opportunities that sell real products, but they’re scams. Pyramid scheme promoters may say you can change your life, — quit your job, even get rich — by selling the company’s products. That’s a misleading lie. Your income is based mostly on how many people you recruit, not how much product you sell. Eventually, most victims find they can’t sell enough inventory or recruit enough people to make money. They quit the program and lose everything they invested.

Business coaching scams.

Offers for online business coaching programs promising guaranteed income with no experience, large returns, or a “proven system” are scams. They say their “experts” will teach you this “proven method” for building a successful business online. But if you invest thousands of dollars in a coaching program, you learn the scammers lied about how easy and lucrative the model would be, and you are left with nothing to show for your investment.

More information available.

Visit ftc.gov/scams for more information on spotting and avoiding scams, then share what you learned during #FinancialLiteracyMonth. If you see or lose money to a job or money-making scam, report it to the FTC at ReportFraud.ftc.gov.

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TAX DEBT RELIEF SCAMS

A Free Public Service

SCAMS BULLETIN Host Jay White is an inactive attorney in San Mateo County, California.

April 19, 2022

TAX DEBT RELIEF SCAMMERS

Courtesy Scambusters

TAX DEBT RELIEF SCAMMERS MAY CHARGE $25,000 – FOR NOTHING!

Debt relief “mills” cheat people who owe money to the IRS:

The IRS operates a program called Offer in Compromise (OIC), which enables taxpayers to request a debt write-down, but the rules are strict, calling for evidence of inability to pay. Scammers take advantage of it to steal money.

Scammers claim they can use the OIC Office to have the IRS slash your tax debt to “pennies on the dollar”. But they want you to pay upfront for their so-called service–which more than likely won’t save you a dime.

The fake “OIC mills” often charge fees running to as much as $25,000 to help with debt forgiveness claims. They may simply complete and submit an OIC application form. Other times, they just run off with the money.

The result is that victims often end up in a worse financial situation — out both the fees they handed over to the crooks plus potentially worsening debt problems with the IRS.

HOW TO APPLY FOR TAX DEBT RELIEF

What can you do if you have a tax debt problem?

First, don’t respond to those solicitations with pledges about how much you can save. If you think you need professional guidance, speak to a trusted financial adviser.

In the first instance, you can check whether you might qualify for debt relief by completing an online questionnaire.

That checks things like whether you have filed all current tax returns and if you’re up to date with needed estimated payments (if you have to make them). It also asks questions about current debt and income. The aim is to eliminate applications that simply would not qualify.

There’s no OIC charge for this, but taxpayers who do prequalify have to pay a $205 application fee directly to the IRS, although this can be overridden for very low-income taxpayers. If an application is rejected, the fee is unlikely to be refunded but at least that’s the extent of your financial exposure.

If the IRS thinks you can afford to pay your tax debt, it may suggest an installment payment program. Again, you can agree to this directly with the IRS. No need to pay someone else to do this unless you think you can’t do it yourself. Even then, make sure you know what a professional will charge you before you go ahead.

Contact: www.IRS.gov or OIC for more information.

IMPOSTER FRAUD

A Free Public Service

SCAMS BULLETIN Host Jay White is an inactive attorney in San Mateo County, California.

April 13, 2022

IMPOSTER FRAUD

Courtesy Federal Trade Commission

What is an imposter?

An imposter is a person who pretends to be someone else.

Imposters are dishonest people who want to steal your money or your personal information.

They might call you on the phone or send an email or text pretending to be someone you know, like:

a family member

a friend

a person you feel like you know but have not met in person

Imposters may pretend to be working for the government – possibly the IRS. Imposters may pretend to be from a company you trust, like:

a company you do business with

possibly your electric company

a company that can fix your computer

a company that gives out prizes

a charity that asks for donations

Imposters might say:

they are calling from a tech support company about a problem on your computer

you owe money to the IRS or another government agency

you just won a prize but you have to pay fees to get the prize

a friend is in trouble and needs your help

you receive a check for too much money and you need to send back the extra amount

Gift card fraud:

Imposters might try to get you to pay them by asking you to buy a gift card or wire money. People who say you must pay that way are nearly always scammers trying to steal your money.

Never send money to people you don’t know – or when you are not sure if they are who they say they are.

A gift card lets you give someone money to spend in a store. You can buy gift cards at many stores – like Walmart or Target or CVS. You can also obtain them from an online store – like iTunes or Google Play or Amazon.

When you buy the card, you decide how much money to put on it. The card will have a store’s name on it. The store could be one you visit in person or online.

A phony person can use the card to buy things there. The card can be used just by having the numbers that are on the back of the card.

Reports can be made to www.ftc.gov.

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HEALTH PRODUCTS SCAMS

A Free Public Service

SCAMS BULLETING Host Jay White is an inactive attorney in San Mateo County, California.

April 4, 2022

HEALTH PRODUCTS SCAMS

Courtesy US Food & Drug Administration

Bogus product! Danger! Health fraud alert!

You will never see these warnings on health products, but that’s what you ought to be thinking when you see claims like “miracle cure,” “guaranteed results,” or “vaccine alternative.”

Health fraud scams have been around for hundreds of years and play on the desire for a quick or miracle cure. The snake-oil salesmen of old have morphed into the deceptive, high-tech marketers of today, preying on people’s desires for easy solutions to difficult health problems—including Alzheimer’s, arthritis, cancer, diabetes, memory loss, sexual performance, weight loss, and Coronavirus Disease 2019 (COVID-19), influenza and other infectious diseases.

According to the Food and Drug Administration (FDA), a health product is fraudulent if it is deceptively promoted as being effective against a disease or health condition, but not scientifically proven safe and effective for that purpose.

Fraudulent products not only can’t deliver on their baseless promises—they could cause serious injury, or even death. Besides wasting money and delaying potentially life-saving diagnosis and scientifically tested and proven treatments, fraudulent products sometimes contain hidden drug ingredients that can be harmful when unknowingly taken by consumers.

Scammers are clever:

Scammers promote their products with savvy marketing, often using tactics that target specific populations via the web and email, but also by word-of-mouth, newspapers, magazines, TV, and direct mail. Health fraud scams run rampant on social media sites and closed messaging apps, such as Signal, Viber, WhatsApp and Facebook Messenger — even local convenience stores.

Rip Off Tips

Here are tips to help you identify rip-offs:

*One product does it all. Be suspicious of products that claim to cure a wide range of diseases. The agency continues to send warning letters and take enforcement action as appropriate against companies marketing fake cure-all products. These miracle cures don’t exist – they’re bogus – and the only thing these companies are selling is false hope.

*Personal “success” testimonials. Fake success stories, such as, “It cured my diabetes” or “It immediately stopped my COVID-19 infection,” are easy to make up and are not a substitute for scientific evidence. Reviews found on popular online marketplaces and social media can be fake.

*Quick fixes. Few diseases or conditions can be treated quickly, even with legitimate products. Beware of language such as, “Lose 30 pounds in 30 days,” “protects from viral infections,” or “eliminates skin cancer in days.”

*“All natural” cure or treatment. Don’t be fooled by descriptions like “all-natural cure.” Such phrases are often used in health fraud as an attention-grabber to suggest that a product is safer than conventional treatments.

*“Miracle cure.” Alarms should go off when you see this claim or others like it such as, “new discovery,” “guaranteed results,” or “secret ingredient.”

*Conspiracy theories. Claims like “This is the cure our government or Big Pharma doesn’t want you to know about” are used to distract consumers from the obvious, common-sense questions about the so-called miracle cure.

Even with these tips, fraudulent health products are not always easy to spot. If consumers are tempted to buy an unproven product or one with questionable claims, they should check with their doctor or other health care professional first.

Submit Adverse Event Reports to the FDA

Consumers experiencing adverse reactions to a product should submit voluntary reports to the FDA using: http://www.fda.gov.

Call FDA at 1-800-FDA-1088 to report by telephone.

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