A 42-year-old Burnsville man was sentenced to 4.5 years in federal prison by a federal judge in Wisconsin earlier this week. The Minnesota resident had been convicted of running a Ponzi scheme leading up to his sentencing. The U.S. Attorney's Office argued that the...
'Tis the season for false advertising? That's right! Black Friday is right around the corner. Year-end car sales will start being advertised on television, the radio, online and in the newspaper soon as well. The holiday season is just one time during the year during...
There are various consumer laws in place here in Minnesota that aim to protect state residents from companies that look to create monopolies. There is also legislation on the books that protect Minnesotans from falling victim to deceptive business owners. Other laws...
The dating app company Match.com was sued for fraud earlier this week by the Federal Trade Commission (FTC). The company, which owns several other popular relationships apps such as Tindr, PlentyofFish, Hinge and OkCupid is accused of having defrauded its users into...
When a company gives you a mortgage, you may feel happy and grateful. You feel like they have done you a favor. You needed the loan to buy your dream home, and they agreed to help you out. It's fine to feel excited about getting the house, but that's not really how a...
Traveling and partaking in leisure activities can be some of the most enjoyable experiences of your life. But if you're not careful of what you're doing, you could end up the victim of many forms of fraud. For example, traveling typically requires you to sign a...
When buying a home, there's a good chance you'll require a mortgage. While it's simple enough to apply for and obtain funds in today's world, dangers are lurking. For example, you could become caught up in a mortgage fraud scheme without knowing it. Here's the good...
In today's world, shopping online is second nature for most people. Not only is it convenient, but it also provides access to the largest selection at the best possible price. Unfortunately, when you shop online, you'll always have concerns about credit card fraud....
Many scams target senior citizens, as they are often more likely to make a rash and uninformed decisions than younger people. Despite the best efforts of the federal and state governments, there's no way to completely eliminate these scams. Here are four of the most...
The Minnesota Department of Commerce (DOC) recently issued a public warning intended specifically at senior citizens. In their statement, they warned them about cold callers who may try to reach out to them about a precious metals investment opportunity. DOC officials...