Tennessee Department of Commerce and Insurance Raises Awareness About Affinity Fraud
November 19, 2019
Nashville, TN – The Tennessee Department of Commerce and Insurance’s Securities Division is warning Tennessee investors about how to avoid becoming a victim of a type of fraud known as affinity fraud.
Tennessee Department of Commerce & Insurance Securities Division warns Tennesseans of Affinity Fraud.
TDCI Warns About National “Loan Payment Protection Insurance” Scam
August 31, 2019
Nashville, TN – The Tennessee Department of Commerce and Insurance (TDCI) is joining other state regulators in warning consumers about a national insurance scam targeting consumers shopping for privately funded loans, likely for real estate.
Victims have been identified in three states including Tennessee where a Johnson City man says he lost $18,000 to scammers.
Tennessee Division of Consumer Affairs Offers Tax Filing Tips Ahead of April 15th Deadline
April 2, 2019
Tennessee Consumer Affairs
Nashville, TN – With Tax Day (April 15th, 2019) less than two weeks away, the Tennessee Department of Commerce & Insurance’s (TDCI) Division of Consumer Affairs and the Tennessee State Board of Accountancy is offering Tennesseans the following tips to help navigate the income tax filing process, make the most of their income tax refund and avoid fraudulent tax preparers and scammers.
Tennessee Consumer Affairs says ‘Sweetheart’ Scammers Will Break Your Heart, Empty Your Wallet
February 10, 2019
Tennessee Consumer Affairs
Nashville, TN – With Valentine’s Day (February 14th, 2019) quickly approaching, the Tennessee Department of Commerce and Insurance’s (TDCI) Division of Consumer Affairs reminds Tennesseans to be wary of ‘sweetheart’ scammers who claim to love you but, in reality, are only after your money.
Learn How to Spot The Red Flags of a Scam Before You Lose
Tennesseans Lost Nearly $1M to Gift Card Scams in 2018
December 12, 2018
Tennessee Consumer Affairs
Nashville, TN – For scammers, the season of holiday giving is the season of taking, and Tennesseans’ hard-earned money again tops scammers’ wish lists. Unfortunately, Tennessee consumers are falling for scammers’ ploys when it comes to gift card swindles in increasing numbers.
The Federal Trade Commission (FTC)’s Consumer Sentinel Network reports Tennesseans lost nearly $1 million – over $943,000 – through prepaid gift card scams in 2018, which is a 44 % increase compared to 2017 when scammers stole $653,709 from consumers.
Tennessee Consumer Affairs Advises everyone to Approach Free Trials with Caution
November 29, 2018
Tennessee Consumer Affairs
Nashville, TN – The option to “try before your buy” when looking for a product or service can be enticing, but the Tennessee Department of Commerce and Insurance’s (TDCI) Consumer Affairs Division is advising consumers to approach free trial offers with caution.
While there are many reputable companies offering free trials, some use these offers as a way to sign you up for more products—even if you don’t want them. These subscriptions can end up costing hundreds of dollars before the consumer realizes their accounts have been debited.
Tennessee Department of Commerce and Insurance Warns of a New Scam Trend that Promises Quick, Easy Money
August 23, 2018
Tennessee Department of Commerce and Insurance (TDCI)
Nashville, TN – The offer sounds simple, lucrative, and fun: Get paid to advertise a well-known company or product just by adding a decal to your vehicle. Unfortunately, consumers are the ones being left in the dust by scammers who eventually drive away with the profits.
The auto decal scam targets consumers who are contacted by an individual posing as an advertising or promotional company looking for people interested in earning weekly income of $500.00-$700.00 by simply placing an advertisement decal or “wrap” on their vehicle.
Scammers Use Technology as Platform to Swindle Tennesseans
August 2, 2018
Tennessee Consumer Affairs
Nashville, TN – As technology is increasingly prevalent in our daily lives, scammers are using these new tools to reinvent their schemes and swindle unsuspecting consumers.
To help raise consumer awareness, the Tennessee Department of Commerce and Insurance’s (TDCI) Division of Consumer Affairs is reminding Volunteer State residents to be on the lookout for con artists using technology as their platform to perpetrate scams.
Tennessee Department of Commerce and Insurance Urges Consumers To Be Wary of Scammers Ahead of New Medicare Cards
June 20, 2018
Tennessee Department of Commerce and Insurance
Nashville, TN -With new Medicare cards slated to arrive in Tennessee sometime after June, the Tennessee Department of Commerce and Insurance (TDCI) is warning Medicare beneficiaries to be wary of scammers who might use the cards’ pending arrival as an opportunity to fleece unsuspecting consumers.
Federal laws enacted last year required the removal of Social Security numbers (SSNs) from old Medicare beneficiary cards.
New Medicare Card
Tennessee Department of Commerce & Insurance shares FTC Consumer Alert Regarding Western Union Scam Settlement
December 27, 2017
Consumers Who Lost Money to Scammers Via Western Union Can File a Claim to Get Money Back
Nashville, TN – The Tennessee Department of Commerce & Insurance’s (TDCI) Division of Consumers Affairs reminds Tennesseans that they must file claims before February 12th, 2018 to be reimbursed for money lost in scams using Western Union.
According to a consumer alert by the Federal Trade Commission (FTC), consumers who lost money to scammers who told them to pay via Western Union’s money transfer system between January 1st, 2004 and January 19th, 2017, can now file a claim to get their money back by going to FTC.gov/WU before the February deadline.
