scam

How an Oil Baron's Heir Cleaned Up a Slimy Internet Scam

For the past decade, a few clever companies have been running an online scheme that tricked consumers into joining so-called membership clubs and charged their credit cards without their consent. But thanks to Sen. John Rockefeller, the era of this $1.4 billion con is coming to an end.

Big Banks to New Jersey: Stop Bugging Us About Foreclosures

When New Jersey tightened its foreclosure rules in response to the false document crisis, it ordered the six largest servicers to explain why they should be allowed to continue foreclosing on homes. Their response: 'Trust us, everything's fine now.' If you think there's irony in that assertion, read on ...