Joseph Russo - National Council for Financial Literacy Warns About "Cash for Clunkers Scams" Hitting the Internet
Joseph Russo - National Council for Financial Literacy warns “Cash for Clunkers Scams” bogus websites being used to gather personal information for ID Theft. The scams started before the law was even passed. There is no need to pre-register for this program – Go to cars.gov for more information
Charlotte, NC, July 01, 2009 --(PR.com)-- Joseph Russo - National Council for Financial Literacy warns “Cash for Clunkers Scams” bogus websites being used to gather personal information for ID Theft. The scams started before the law was even passed. There is no need to pre-register for this program – Go to cars.gov for more information
Joseph Russo advises that various agencies have issued warnings about the latest SCAMS that are on the increase.
“Cash for Clunkers” program is now being used by Identity Theft scammers
Before the law was even passed, websites were set up for victims to “pre-register” for the program. Pre-registration is NOT necessary.
For more information, got to www.cars.gov
Things consumers should know:
All paperwork for this program is handled only by a registered dealer
Nothing can be submitted on-line for this program
There are no upfront fees for consumers
Consumers do not receive checks from the program
The dealer will get the rebate - not you
You should not buy cars on-line with this program
“DO NOT give your personal information to anyone unless it is an absolutely necessary and a trusted source” warns Russo. Your social security, date of birth may be all a scammer needs to hack and steal your identity.
“Military wheels” is another scam involving people claiming to be U.S. Troops offering cheap cars. They claim that they are being sent overseas and have to sell their vehicle quickly. After sending the money, the car is never delivered or the victim gets a stolen vehicle or a vehicle with a bad title.
Consumers have to be aware that any long distance transactions should be suspicious. If you get any emails from law enforcement whether local or FBI – they are false. If you have any questions about any communication, call your local Police Department or Better Business Bureau.
The Federal Trade Commission, FBI, US Postal Inspection Service, your local Attorney General’s Office are just some of the agencies that have information and jurisdiction over this type of illegal activity.
The Better Business Bureau (BBB) is also an excellent source of information about the various scams.
About The National Council for Financial Literacy
The mission of the National Council for Financial Education of Students and Consumers is:
to provide proactive, rather than reactive, financial education programs for students and consumers, through enhanced delivery strategies of financial content, with facilitators that are focused on topics that directly affect the ability of participants to function efficiently in basic daily financial situations.
The “Council” wishes to improve awareness of the pitfalls of poor money management and significantly improve the financial awareness in areas of daily financial stability, by concentrating on topics that concern basic daily financial survival. “Back to the Basics” of good money management.
More information about the National Council for Financial Literacy can be found at www.ConsumerFinancialFacts.org
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Joseph Russo advises that various agencies have issued warnings about the latest SCAMS that are on the increase.
“Cash for Clunkers” program is now being used by Identity Theft scammers
Before the law was even passed, websites were set up for victims to “pre-register” for the program. Pre-registration is NOT necessary.
For more information, got to www.cars.gov
Things consumers should know:
All paperwork for this program is handled only by a registered dealer
Nothing can be submitted on-line for this program
There are no upfront fees for consumers
Consumers do not receive checks from the program
The dealer will get the rebate - not you
You should not buy cars on-line with this program
“DO NOT give your personal information to anyone unless it is an absolutely necessary and a trusted source” warns Russo. Your social security, date of birth may be all a scammer needs to hack and steal your identity.
“Military wheels” is another scam involving people claiming to be U.S. Troops offering cheap cars. They claim that they are being sent overseas and have to sell their vehicle quickly. After sending the money, the car is never delivered or the victim gets a stolen vehicle or a vehicle with a bad title.
Consumers have to be aware that any long distance transactions should be suspicious. If you get any emails from law enforcement whether local or FBI – they are false. If you have any questions about any communication, call your local Police Department or Better Business Bureau.
The Federal Trade Commission, FBI, US Postal Inspection Service, your local Attorney General’s Office are just some of the agencies that have information and jurisdiction over this type of illegal activity.
The Better Business Bureau (BBB) is also an excellent source of information about the various scams.
About The National Council for Financial Literacy
The mission of the National Council for Financial Education of Students and Consumers is:
to provide proactive, rather than reactive, financial education programs for students and consumers, through enhanced delivery strategies of financial content, with facilitators that are focused on topics that directly affect the ability of participants to function efficiently in basic daily financial situations.
The “Council” wishes to improve awareness of the pitfalls of poor money management and significantly improve the financial awareness in areas of daily financial stability, by concentrating on topics that concern basic daily financial survival. “Back to the Basics” of good money management.
More information about the National Council for Financial Literacy can be found at www.ConsumerFinancialFacts.org
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Contact
National Council for Financial Literacy
Joseph Russo
704 644 3180
www.ConsumerFinancialFacts.org
Joseph Russo
704 644 3180
www.ConsumerFinancialFacts.org
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