Desperate consumers increasingly fall for unrealistic promises from companies that claim they can repair your credit. Instead, consumers are often left with no change in their credit status, despite paying a large, up-front fee.

Telephone-based phishing, or vishing, scams are nothing new. They rank among the most popular socially-engineered schemes perpetrated by fraudsters.
What is new is the latest target: the Federal Deposit Insurance Corp., which is warning of a vishing scam that is duping consumers.

It's unofficially official -- the White House is naming Harvard law professor Elizabeth Warren to run the new Bureau of Consumer Financial Protection (BCFP). Sort of.

Technically, President Obama has so far appointed Warren only to a lead role in setting up the agency but around Washington, that's pretty much the same thing. If you insist on knowing the complete title, it's Assistant to the President and Special Advisor to the Treasury Secretary.

Ohio Attorney General Richard Cordray has sued three Northeast Ohioans for their roles in NSA Techologies, a work from home business scheme that left consumers without promised jobs and out of money.

Scam artists are trying to hit the airwaves with offers for free purebred puppies in their latest efforts to dupe consumers out of hundreds of dollars, ConsumerAffairs.com learned.

Discount club marketer Webloyalty.com, Inc. will refund defrauded consumers who were charged unauthorized fees and will also pay $5.2 million in penalties, costs, and fees to the state of New York, a total settlement worth $8.5 million.

It’s been a big year in privacy litigation, with Facebook, Google, and Clearspring beating back suits alleging that they failed to adequately protect consumers’ identity or personal information.

Just because a business claims to be a credit union doesn't mean it is. Michigan authorities have shut down a business claiming to be a credit union after banking officials charged it was actually a bold scam designed to steal money and identities.

The FBI is warning that the recent tornadoes in several Southern states have spawned a cluster of scams that take advantage of consumers' desire to be helpful.

Michaels, a chain of craft stores, reports the debit card readers at 80 of its stores in 20 states show signs of tampering. That means consumers who used debit cards in those stores may have exposed their bank information to criminals.

elaware authorities have arrested the leader of a supposed missionary group that allegedly scammed elderly homeowners.

Scams, disguised as work at home “opportunities,” have become more widespread in a worsening economy. Many consumers desperate for income jump at what seem to be easy ways to earn extra money.