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The Great Pyramid of Scams

April 26, 2007 Mary Beth 1

Pyramid schemes are subtly different from Ponzi schemes (see here). For one thing, the title is much more descriptive¦and there really isn’t an interesting story behind the scam. Basically a pyramid scheme is any endeavor in which participants attempt to […]

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501(c)…huh? Part 1 of 4

April 25, 2007 Alanna 5

One of the reasons people give donations to charitable organizations (besides the warm fuzzy feeling inside) is that a federal income tax deduction may be in order. But when can you deduct these contributions? And what is considered a “contribution”? […]

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No Authorization Required (myth #8)

April 24, 2007 Mary Beth 0

No one can take your money directly from your bank accounts without your written authorization. FACT: Merely giving someone your checking account number may result in their making withdrawals from your account. Con artists can sometimes contact your bank with […]

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Foreign Travel Safety

April 23, 2007 Mary Beth 1

More and more Americans are traveling abroad. And they are often going to more exotic destinations. One of the questions to be considered in planning a trip to a lesser developed country is how safe is it? The New York […]

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Debt Consolidation Considerations

April 20, 2007 Mary Beth 5

Tax season is one of the few times a year when people are forced to take a hard look at their financial life. The 1040 pretty much sums up your finances for the last year and you may not have […]

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Meet Charles Ponzi

April 19, 2007 Mary Beth 1

Charles Ponzi was an Italian immigrant who rose from complete obscurity to millionaire status in only 6 months in 1920. Few people remember the man but nearly everyone has heard of a Ponzi scheme. Charles is the grandfather of this […]

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Tragedies breed scams

April 18, 2007 Alanna 1

Why is it that when as soon as tragedy strikes, scammers are there ready to take advantage of the emotions and generosity of people? Just like 9/11, Hurricane Katrina and others, there are already organizations popping up related to the […]

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Unclaimed Property

April 17, 2007 Mary Beth 1

Yes, it’s true. Your state may be holding money that rightfully belongs to you. Maybe you’ve moved and didn’t collect a final paycheck. Perhaps you forgot about a savings account you opened in 1977. Unclaimed property is defined by the […]

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Find out more about your doctor’s record

April 16, 2007 Mary Beth 0

The BBB does not process complaints concerning the professional conduct (or misconduct) of doctors (or lawyers or accountants, etc). We have however come across a useful site for discovering if a doctor has been subject to a disciplinary action. The […]