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Financial Scams

As financial scams get more common and devious, Bob Carlson shares his expertise to help subscribers stay up to date

Found 66 Articles.
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warning-viatical-settlement

Warning: Viatical Settlement

Interest rates are at their lowest levels in 40 years. Yields are too low for many people to meet their goals. That sends them in search of higher yields, and that attracts the scam artists. One spreading scam involves something known as a “Viatical Settlement.” The viatical settlement is a legitimate arrangement, but many of […]

Protecting Against ID Theft

Identity theft will be the crime of the millennium. It dominated the news recently when three credit card company employees were arrested for selling the data of 30,000 customers for $100 each. Fraud is perhaps the most common crime, and ID theft is another form of fraud. ID theft is growing rapidly, however, and soon […]

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