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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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Scam Alert: Reverse Mortgage Seduction

The timing of the green post card from National Data Research couldn’t be better. With its bold headline, New Government Program for Seniors Over 62, the unsolicited mailing offers some welcome promises in these tough economic times: the chance to pay off existing mortgages and credit card debt, make home repairs and renovations, even the ability to enhance your lifestyle.What is not disclosed anywhere on the post card is its real purpose: to collect your contact information so it can be sold to vendors of reverse mortgages. Read more...

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