scam

Phone-Cramming Scams: Share Your Stories

DailyFinance readers tell us they're frustrated and angry about phone cramming, or the practice of cheating customers by adding illegitimate charges to their phone bills. If you've been a victim of phone cramming, we want to hear about it.

SEC Claims Dead Money Manager Sold Fake Bonds

The Securities and Exchange Commission has sued the estate of money manager Joel David Salinas, the president of J. David Financial who died last month, and Brian Bjork, chief investment officer of Select Asset Management, for allegedly selling $50 million of fake bonds.

Holly Petraeus, Servicemembers' Financial Advocate

The new Consumer Financial Protection Bureau is there to guard all of us being taken advantage of financially. Turns out, one group that needs extra protection in that arena: those who protect our whole nation -- U.S. service members and their families. And Holly Petraeus is going to make sure they get it.

FCC Takes Aim at Scammers Who 'Cram' Phone Bills

Earlier this week, the FCC proposed new rules designed to crack down on "phone cramming," a widespread, illegal practice that robs billions of dollars from phone users. And with 300 million third-party charges hidden in phone bills every year, odds are, you've been a victim.

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.