Scammers Use Better Business Bureau Name To Commit Scams by:Dean Phillips

The Better Business Bureau recently issued a national alert to warn consumers and

businesses about two questionable operations that are falsely using the BBB name to scam victims.

One business is perpetrating an advance fee loan scam that targets consumers and businesses with poor credit records. It has provided as a reference fictitious BBB phone numbers that are answered by representatives who falsely claim to be with the Better Business Bureau and provide a positive report on the business in question.

The other entity, which appears to be a telemarketer, is contacting local businesses, falsely stating to be from the BBB and calling about a complaint or to update BBB files. The telemarketer proceeds to ask questions that have nothing to do with BBB business and leaves as a contact number 1.800.CALL.BBB.

"Bureaus across the country are reporting calls from victims. These scammers are falsely using the Better Business Bureau name to try to gain credibility with potential victims," said Ken Hunter, president and CEO of the Council of Better Business Bureaus. "We urge people to double-check with their local BBB whenever they receive a dubious phone call or see the BBB name tied to a questionable promotion. We're easy to find in the telephone directory or on the web at

POST COMMENT

Tax Assessment/Appraisal: How Do I Know What My Home is Worth? by:Elaine VonCannon Credit Cards For People With Bad Credit Scores by:Jakob Jelling The Power of a Home Equity Loan to Pay Down Debt by:Jakob Jelling Debt Relief From Debt Consolidation by:Jakob Jelling Internet & Mortgage Calculations by:Jakob Jelling Obtain a Car Loan No Longer Than Necessary by:Jakob Jelling The Future Of Banking - Bank Online by:Jakob Jelling Credit Establishment 101 by:Jakob Jelling Home loan applications made easy by:Jakob Jelling Lower Your Credit Card Interest Rate Now! by:Jakob Jelling Refinancing your home - How and why? by:Jakob Jelling Financial Services Marketing Insights: A Marketing Compass by:Jay Nagdeman Student Home Purchase Plan by:John Carle & Sharon Gregresh