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Scams and Frauds Here are some of the latest Scams, Frauds, and Consumer Abuse items in the news.

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Stored-Value MasterCards Sent Today to SkyBiz Pyramid Scheme Victims

The Federal Trade Commission announced that redress administrator Robb Evans & Associates LLC has sent stored-value MasterCards to all eligible consumers who were victims of the SkyBiz pyramid scheme. The cards, which must be activated before they can be used, have been loaded with a pre-set amount of money and can be used at any retailer worldwide that accepts MasterCard. The cards must be used by September 20, 2007, after which unused balances will be forfeited. Read more...

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