Money / Financial

Make big money by purchasing and distributing "reports" at home-Fiction!

Purchase $25 Worth of “Reports” and Become a Millionaire Through a Multi-Level Marketing Business–Fiction!     Summary of eRumor: This very long email promises that if you follow the instructions, you’ll be making big money.  You are to send $5 to each of the 5 names on a list and receive five “reports” that you …

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IRS refund checks are not what we think-Truth!

The Tax Relief Checks Sent to U.S. Taxpayers in 2001 Are Not Really Refunds–Truth!       Summary of eRumor: An article from the Rocky Mountain News in Colorado has gotten wide circulation on the Internet.  The writer, David Milstead, warns that the tax “refund” everybody thought they were receiving as a part of a …

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You can make millions by transferring some money for a foreigner-Scam!

Run Money Through Your Account For a Foreigner and Get Millions of Dollars-Fiction! Summary of eRumor: There are numerous versions of this eRumor and they are multiplying.  They all involve a request or an offer from a foreigner that millions of dollars be allowed to pass through your bank or account and as a thanks for …

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Democratic Origins of Social Security-Fiction!

The Democratic Origins of Social Security Under Franklin D. Roosevelt–Fiction! Summary of eRumor: The eRumor lists several things about Social Security as it was supposed to have been instituted under the Democratic presidency of Franklin D. Roosevelt:Such as:1.  That contributions to Social Security were voluntary.2.  That it would cost only one percent of the first …

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Email about a PayPal Class Action Settlement-Truth!

Email about a PayPal Class Action Settlement–Truth! Summary of eRumor: The eRumor says that there is a class action settlement between PayPal and certain people who opened PayPal accounts between October, 1999 and January, 2004. The Truth: The class action is real and the email is authentic…but a lot of people who received it wondered …

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Scammers Using Clever Schemes to Try to Get Your Personal Financial Information-Truth!

Various emails, telephone calls, or letters claiming to be from financial institutions, retailers, or websites and saying that they need you to verify your personal financial information. Some of them say your credit card may have been used in a fraudulent transaction that they are calling to unravel the details. Some claim that you must periodically verify your information in order to keep using their services.