Imposter scams targeting seniors are increasing (nearly fourfold since 2020) and scammers use artificial intelligence and social engineering to impersonate officials and trick you into handing over your money (1). A Pittsburgh-area resident lost $5 million after scammers posing as government officials used a two-pronged impersonation scam to convince the victim their money was at…
Money, religion, and politics: These are the three topics you’re not supposed to discuss over dinner. But if you’re getting ready to get married, following this advice can lead to much bigger problems than a ruined meal. As a financial educator and former NFCC Certified Credit Counselor, I’ve seen firsthand how lack of communication about…
The second year of President Trump’s second term just got tougher for the nation’s largest bank and its former CEO, Jamie Dimon. On Thursday, Trump’s legal team filed a $5 billion lawsuit against JPMorgan Chase (JPM) and Dimon, accusing the country’s largest bank of unseating him or terminating banking services for political reasons. The lawsuit,…
It may seem surprising, but many people have money in bank accounts that they have long forgotten about. Old checking or savings accounts can fall through the cracks after a move, career change, or even when a bank merges with another financial institution. According to the National Association of Unclaimed Property Administrators (NAUPA), states across…
A man and woman have been charged with kidnapping and torture after allegedly keeping a 45-year-old woman prisoner in her own garage for five years. The victim is said to have lost 50kg during the ordeal, in which she was allegedly bathed in bleach, forced to defecate in urinals and plastic bags and forced to…
