The bait and switch is an advertising gimmick that is illegally used to scam consumers. Essentially, a store will advertise a sale on one item, but then they won't actually sell you that item if you come into the store. For instance, they could list a 70-inch TV for...
When a lender repossesses a car, everyone loses
Borrowers sometimes think of lenders as the enemy -- that the lender is just waiting to pounce after that one missed payment, taking back the assets and leaving the borrower with nothing. They think that's a win for the lender, who ends up with both the asset -- like...
4 tips for avoiding identity theft during the holidays
Now that the holiday season is in full swing, you're probably like most folks: rushing around to get all of your shopping completed before the parties and family celebrations start in earnest. Be careful while you're shopping, though. Identity thieves are lurking,...
Ads have to be true in all forms, from TV to print
Have you ever seen a convincing commercial and then thought that it had to be too good to be true? Well, if you're right, the advertiser could be in a fair amount of trouble. Legally speaking, the Federal Trade Commission demands that all ads, no matter what products...
Consumer fraud often involves fake organizations
In a lot of consumer fraud cases, those who commit fraud simply try to find something that they know people care strongly about. They'll then invent fake organizations and try to get people to give them money, all with the intent of disappearing with the cash when all...