The following account was written by Laurie Escudero Of Granby involving Berkshire Concepts of Mass. Connecticut officials had put out a warning about this company last fall. I contacted Berkshire and a person there –…
The Federal Trade Commission has stopped an Internet scheme that allegedly used bogus “free” product offers that deceived consumers in the United States and other countries and charged them for products and services they did…
In addition to participating in the $25 billion foreclosure settlement, Citigroup will pay $158 million to settle civil accusations that it defrauded the U.S. Department of Housing and Urban Development by falsely claiming that high…
Conservative radio talk host Dan Lovallo lost his job today as he was told Buckley Radio that it was “going in a different direction.” Lovallo had been with the WDRC-AM radio station chain since 1996,…
Another reason to eat a Mediterranean diet is that it will protect your brain as well as your heart, new research shows. According to today’s Wall Street Journal article by Jennifer Corbett Dooren, such a…
We have little details on exactly who will or who won’t receive part of the the $25 billion federal-multistate settlement with the nation’s five largest mortgage servicers, but Connecticut Attorney General George Jepsen said he…
J.P. Morgan Chase is following Bank of America’s lede to settle class action lawsuits for improper debit card overdraft fees. “The case, brought in U.S. District Court for the Southern District of Florida, revolves around…
Two Japanese suppliers of automotive electrical components–Yazaki Corporation and DENSO Corporation–have agreed to plead guilty and to pay a total of $548 million in criminal fines for their involvement in multiple price-fixing and bid-rigging conspiracies…
The Federal Trade Commission – as part of its crackdown on illegal debt-collection practices – got a $2.5 million settlement Asset Acceptance Capital Corp., for pressuring borrowers to pay debts that are no longer legally…
Large U.S. companies with plenty of cash on hand have four choices: sit on the money, buy back stock, give higher dividends or buy another company. Of these choices only raising the dividend tends to…
Acetaminophen – and its name brand form Tylenol is effective and safe, but if you take too much it can lead to acute liver failure. The British Journal of Clinical Pharmacology recently reported a study…
2012 is turning into a high risk year for personal finance guru Suze Orman. First she put $1 million of her money into a controversial pre-paid credit card business. Now she has formed an investment…
Millions listen, watch and read Suze Orman for what they believe is unvarnished consumer and financial advice. But has Orman crossed the line by launching what could be a controversial prepaid credit card under her…
Most Americans suffer from neck pain at one time or another, and my guess is that most family doctors hand out muscle relaxing pills to relieve the pain. But research is showing that light exercise…
Do you know what the most dangerous word for consumers is? FREE . More people have been cheated out of money by those four letters than any other marketing tactic that I can think of….
Bank of America – now the second largest bank in the country – today agreed to pay $335 million to resolve allegations that its Countrywide unit discriminated against qualified African-American and Hispanic borrowers. The settlement,…
Many for profit hospice companies are ripping us as taxpayers off by convincing doctors and nursing homes to put elderly into hospice care even though they don’t meet the requirement that they have only six…
“Three South Florida women, all elderly and with medical problems, say Transportation Security Administration officers made them take off their clothes during the screening process at New York’s John F. Kennedy International Airport last week,”…
The next time your dentist says you have a small cavity, you might want to have a discussion whether that cavity actually needs to be treated. The New York Times reports that more doctors are…
Connecticut governors and legislators have been able to kick the state’s pension obligation nightmare down the road for decades. Some, like former Gov. John Rowland added huge obligations to gain favor from state employees, who…