Federal Trade Commssion
Opinion by Glen Loyd: The stories above and below make me angry because so many consumers in Wisconsin get ripped off by out-of the-country criminals using wire services. This industry needs more regulation! Most rip-offs these days couldn't operate without wire companies.
Oct 30, 2009
MoneyGram to Pay $18 Million to Settle FTC Charges That it Allowed its Money Transfer System To Be Used for Fraud
Cyber Crooks Stole $40M From U.S. Small, Mid-Sized Firms
Washington Post
"When the mules pull the cash out of their accounts, they are instructed to wire it (minus a small commission) via services such as MoneyGram and Western Union, typically to organized criminal groups operating in countries like Moldova, Russia and Ukraine." Washington Post
Postpone retirement? No way!
Smart Money
It always amuses that in these you-can-have-it stories, they always seem to mention bolder investing. That doesn't always work, does it.
Oct 28, 2009
Oct 23, 2009
Oct 20, 2009
Oct 16, 2009
Exposers with their own questional offers
I monitor "scam" warnings on Twitter and have noticed that a lot of them conclude with questionable offers of their own! Be careful of any multi-level marketing offer, get-rich-quick businesses, mystery shopping jobs or miracle cures--even if the story starts off as an expose.
Oct 13, 2009
Oct 12, 2009
Oct 10, 2009
Glen's take-a-break video: Chubby the woodchuck
Why do I make these take-a-break videos? I have been listening to consumer complaints virtually every day since 1971 and they can burn you out. When I worked in TV newsrooms my phone was called the nutline and no one else would answer it. Most reporters and editors have their own nutlines to deal with. I've always tried to do one fun story a week to keep my spirits up.
Oct 6, 2009
Oct 5, 2009
Oct 3, 2009
Green Bay, Milwaukee, and Eau Cliare Consumer Protection offices closing
My heart goes out to all the dedicated Consumer Protection employees in Wisconsin regional Consumer Protection offices (Green Bay, Milwaukee,and Eau Claire) closing in December.
If you folks come to work in Madison, you'll find great coworkers in a great city. But as you know, not only will your lives be disrupted, journalists in your parts of the state will lose important contacts for stories to protect area consumers. And because journalists themselves are experiencing cuts, I feel that Wisconsin consumers are becoming more vulnerable.Contact Glen Loyd in Madison at 219 6955
Stanley Siegel goes around the world after his TV start in Green Bay
"Stanley Siegel On the Go" sample reel from stanley siegel on Vimeo.
Click here for my memoir describing Stanley's controversial time in Wisconsin While in Wisconsin, Stanley tested a lot of consumer products in a zany manner and actually drove a Volkswagon into a lake to see if it would float. It floated and Volkwagon bragged about it in a national advertising campaign. Stan lives in a hotel close to Beverly Hills, CA. and travels the world for his TV show, "On The Go With Stanley Siegel."
Glen's take-a-break video: Following Fisher Stream
Fisher Stream runs through Rockport Park in Janesville and empties into the Rock River. Music by Kevin MacLeod.
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