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Consumer Fraud

A new year means new scams abound

The new year is upon us, and with the new year come new scams. Fraudsters often use new technologies and upcoming events to trick and scare people. However, their goal is always the same: to get your personal information or money. Catching fraudsters is challenging...

5 kinds of consumer fraud

Consumer fraud is the practice of deceiving consumers causing them to suffer financial losses. Oftentimes, consumers believe they are participating in a legitimate business transaction, this may be because they were given false promises or inaccurate claims, only...

Wells Fargo’s woes continue

In March of 1852, a time of rapid change in the financial industry, Henry Wells and William G. Fargo established a business then considered cutting-edge. The pair founded a pioneering company that would help customers build startup businesses and manage their money....