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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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Con Artists Using 'Wrong Number' Answering Machine Messages to Snare Victims in New Scam Sweeping Nation

The Securities and Exchange Commission issued an investor alert designed to warn Americans about a new scam sweeping the country-answering machine 'wrong number' stock touts. Voice mail messages are appearing on home answering machines from coast to coast saying that the stock price of certain small, thinly traded companies will soon shoot up. The breezy, intimate messages sound as if a female caller mistakenly believes she has dialed a girlfriend and is confiding inside information she has learned from 'that hot stock exchange guy I'm dating.' Read more...

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