Some shady folks look at disasters and see dollar signs. Oregon DOJ has some useful information to help you keep from becoming a victim to those folks. You can download them below.
Straight Talk: Don’t fall for foreclosure rescue scams
New FTC Data Show Consumers Reported Losing More Than $200 Million to Romance Scams in 2019
New Federal Trade Commission data from the agency’s Consumer Sentinel Network show that consumers reported losing $201 million to romance scams in 2019—up nearly 40% since 2018.
Romance Scams InfographicRomance scammers prey on consumers who are looking for love, converting what feels like a budding relationship into an ask for money to help the scammer get out of some manufactured crisis. The stories and feelings can be compelling, and the losses can be huge.
In 2019, more than 25,000 consumers filed a report with the FTC about romance scams, and over the past two years total reported losses to romance scams were higher than to any other scam reported to the FTC.
A new blog post from the FTC has more information about the scams, including tips for recognizing a romance scam, along with a new infographic highlighting the latest data.
More information is also available on the FTC’s romance scam page, as well as in a video. Information about FTC complaint data can be found at ftc.gov/exploredata, and consumers can file a complaint at ftc.gov/complaint.
The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on Facebook, follow us on Twitter, read our blogs, and subscribe to press releases for the latest FTC news and resources.
CONTACT FOR CONSUMERS: Consumer Response Center. 877-382-4357
There are no “quick fixes” to clean up your credit
Mortgage Closing Scams: How to protect yourself and your closing funds
By Melissa Yu – JUN 03, 2019
Your Mortgage Closing Checklist
Closing is one of the most important stages of buying a house. Learn how to prepare and what to expect so you can close with confidence.
Closing on a new home can be one of your most memorable life moments. It’s the final and one of the most critical stages in the home-buying journey, but with the exchange of key paperwork and a sizable down payment, it can also be a stressful experience, especially for first-time homebuyers.
The FBI has reported that scammers are increasingly taking advantage of homebuyers during the closing process. Through a sophisticated phishing scam, they attempt to divert your closing costs and down payment into a fraudulent account by confirming or suggesting last-minute changes to your wiring instructions. In fact, reports of these attempts have risen 1,100 percent between 2015 and 2017, and in 2017 alone, there was an estimated loss of nearly $1 billion in real estate transaction costs.
While it’s easy to think you may not fall for this kind of scam, these schemes are complex and often appear as legitimate conversations with your real estate or settlement agent. The ultimate cost to victims could be the loss of their life savings.
Here’s what you should know and how to avoid it happening to you.
How it works
Scammers are increasingly targeting real estate professionals, seeking to comprise their email in order to monitor email correspondences with clients and identify upcoming real estate transactions. During the closing process, scammers send spoofed emails to homebuyers – posing as the real estate agent, settlement agent, legal representative or another trusted individuals – with false instructions for wiring closing funds.
How to avoid a mortgage phishing scam
What to do if it happens to you
While it can be easy to think you’ll never fall for a scam of this nature, the reality is that it’s becoming more and more common, and the results can be disastrous for eager homeowners. By being mindful and taking a few important steps ahead of your closing, you can protect yourself and your loved ones.
To learn more about the closing process, including how to prepare for your closing and common pitfalls to avoid, check out our Mortgage Closing Checklist. For information and resources for the each stage of the home-buying journey, visit the Bureau’s Buying a House tool.
The resources on mortgage closing scams are part of the Consumer Financial Protection Bureau’s work to protect consumers from unfair, deceptive, or abusive practices. We arm people with the information, steps, and tools that they need to make smart financial decisions.
Mark Twain once said that Congress was America's only native criminal class.
But that's because Twain didn't live to see today's national banking chains and financial institutions, which all make Congress look like a choir of saints.
The case below is yet another example of why you should NEVER accept "paperless billing" when dealing with a big bank or other institution, ESPECIALLY ON YOUR MORTGAGE, which is likely the biggest investment you have.
Without a paper bill that you can scrutinize at your leisure and show to other people, it's very unlikely that this scam would have been spotted.
The original case<https://f.datasrvr.com/fr1/219/92022/ocwen_first.pdf>
Secretary of State
255 Capitol St. NE, Suite 151
Salem OR 97310
Contact: Corporation.Division@oregon.gov | 503-986-2200
Public Service Notice
Don’t be misled into wasting your hard-earned money!
Solicitation can easily be mistaken for official correspondence from the State of Oregon.
Your business is not currently due for renewal but will be in about 10 to 12 weeks.
The annual report fee for Oregon LLC is only $100.
Oregon Secretary of State Corporation Division wants to inform you about a questionable solicitation entitled “2019 – Annual Report Instruction Form."
Sent by Workplace Compliance Services – a private, for-profit, out-of-state company – the solicitation offers to file your Annual Report for an extra $85 “processing fee,” which is not required under Oregon law.
Official Annual Report notices or forms from the Secretary of State will always include the following:
1. The State of Oregon official state seal.
2. The Corporation Division address, 255 Capitol St. NE, Suite 151, Salem, OR 97310.
3. The Corporation Division phone number, 503-986-2200.
Additionally, the outer envelope will specify the mailing is from the “Secretary of State – Corporation Division.”
If you’d like to know when your Annual Report is due to be filed with the Secretary of State, visit sos.oregon.gov/bizsearch. We send a reminder via postal mail approximately 50 days before an Annual Report is due. The easiest way to file an annual report or to renew a business is through our online services at sos.oregon.gov/renew.
If you’re uncertain whether a solicitation is legitimate, call the Secretary of State Corporation Division at 503-986-2200 or check our Alert web page.
Oregon Secretary of State
John Gear Law Office -
LAWYERLY FINE PRINT:
John Gear Law Office LLC and Salem Consumer Law. John Gear Law Office is in Suite 208B of the Security Building in downtown Salem at 161 High St. SE, across from the Elsinore Theater, a half-block south of Marion County Courthouse, just south of State Street. There is abundant, free 3-hour on-street parking throughout downtown Salem, and three multi-story parking ramps that offer free customer parking in downtown Salem too.
Our attorneys are only licensed to practice law in Oregon. This site may be considered advertising under Oregon State Bar rules. There is no legal advice on this site so you should not interpret anything you read here as intended for your particular situation. Besides, we are not representing you and we are not your attorneys unless you have hired us by entering into a representation agreement with me. While we do want you to consider us when you seek an attorney, you should not hire any attorney based on brochures, websites, advertising, or other promotional materials. All original content on this site is Copyright John Gear, 2010-2020.