return to blogsMonroe.com

Archive for April, 2007

Time to dump this stock has passed

Monday, April 30th, 2007

I’m glad I didn’t invest in these “technology” stocks.

Talk about Internet scams. This one netted $6.8 million.

Hold the chicken

Monday, April 30th, 2007

Are we at all surprised that the contaminated pet food problem would find its way to the human food chain in some way or another?

The federal government has found that some of the contaminated feed was fed to chickens destined for market.

Here’s the latest.

Unfortunately, this was revealed the same day that KFC announced it was eliminating trans-fat in its meals.

E-Gold has legal problems

Monday, April 30th, 2007

E-Gold, a digital currency exchange that’s used for many online transactions, is in hot water with the U.S. Department of Justice because it doesn’t require very much user identification.

That makes is a prime vehicle for receiving payments for people who run online scams and online child pornography Web sites.

Read the DOJ press release.

Michigan teens top abusers of prescription drugs

Friday, April 27th, 2007

A new federal report finds that Michigan has one of the highest rates of teen prescription drug abuse in the country.

An estimated 12 percent of teens acknowledge abuse of prescription drugs, especially pain relievers, with some saying they believe they’re safer to use than street drugs.

“Teen prescription drug abuse is on the rise, and Michigan is a hot spot. Teens mistakenly feel ’safer’ abusing prescription drugs,” said Scott Burns, deputy director for state, local, and tribal affairs at Office of National Drug Control Policy. “And teens are not likely getting these pills from stereotypical drug dealers, but from relatives and friends.”

Although millions of Americans benefit from the proper use of prescription drugs, they can be dangerous when taken without medical supervision or mixed with other drugs or alcohol. Teens who abuse prescription drugs to get high can suffer serious consequences including, addiction, strokes, seizures, comas, and even death.

“These are powerful drugs — powerful healers if used as prescribed — but dangerous to our Detroit youth if they’re popping pills for a thrill,” said Dr. Calvin Trent, Director of the Detroit Bureau of Substance Abuse Prevention, Treatment, and Recovery. “Teens need to understand that abusing prescription drugs is risky, and parents need to realize that this is a growing trend with young people today.”

In the last five years, overall illicit drug use among teens has dropped by 23 percent nationally, but teen prescription drug abuse is an emerging concern with new users of prescription drugs catching up with new users of marijuana. Prescription drugs are now the second most commonly used drug teens use to get high, behind marijuana.

For more information about what parents can do and should know about teen prescription drug abuse, visit the National Youth Anti-Drug Media Campaign’s Web site for parents.

Tax scam was run by a pro

Friday, April 27th, 2007

Not all Internal Revenue Service bosses retire to a life that includes volunteering to help people fill out their tax forms.

The tax agency recently collared one of its own who might have gone over to the dark side.

Read more here.

Good deeds or bad deeds?

Friday, April 27th, 2007

A reader alerts us to a solicitation he got from a company offering to supply him with a certified copy of his property deed.

His question was, is this legit?

The answer: Only if you want to pay a higher price for a copy of your deed than you could get on your own.

Various companies mail official-looking letters touting the importance of having a certified copy of your property deed. They’ll get yours–for a price.Most people already have a copy of their deed from when they closed on their home, but even if you need another, why pay top dollar?
\
Consumer Reports found that some of these soliciting firms want $80 or $90 for a copy of a deed, when most government offices across the country charge just a few bucks.
In Monroe County, for example, the register of deeds office charges $1 per page for copies of real estate records and $1 for certification of such copies.

Oil-filled heaters are causing fires

Thursday, April 26th, 2007

Holmes brand oil-filled electric heaters have been found to be a fire hazard.

There have been dozens of incidents involving the Chinese-made heaters.

Consumers can learn how to get a free replacement here.

Acer laptop batteries can overheat

Wednesday, April 25th, 2007

Acer notebook computers have some of those Sony battery packs that can overheat and pose a fire hazard.

Find out how to get a replacement battery here.

Pet insurance: Good investment?

Wednesday, April 25th, 2007

With the broad recall of various kinds of pet foods, an article in Sunday’s Parade magazine was particularly timely. It talked about the benefits and drawbacks to pet health insurance.

Most pet owners know that even routine pet health care can be pricey. The article has some eye-opening facts, and it’s written by a veterinarian.

Check it out here.

Some chain letters are just cow plop

Wednesday, April 25th, 2007

The article in Tuesday’s Evening News about the cow plop fundraiser for the Make A Wish Foundation provider a reminder that the Foundation relies on local fundraisers and individual donations to do its work, but doesn’t participate in chain letter or chain e-mail appeals.

Such efforts either are frauds or fruitless endeavors by well-intentioned people.

Here’s the Foundation’s position on chain letter appeals.

Military versions of banks are now fraud targets

Tuesday, April 24th, 2007

The folks at F-Secure say they’ve noticed a growing trend in bogus e-mailed messages that appear to be from the online military versions of well-known banks. They are another attempt to capture personal information and defraud people in the military, who might do more than the usual amount of banking online because they’re away from home.

You might warn loved ones in the military to avoid becoming a target of these fraudsters. Here’s what a typical fraudulent message looks like:

BOA Military Phishing

Coby boomboxes can catch fire

Tuesday, April 24th, 2007

“We Didn’t Start the Fire” is a Billy Joel tune, but you might be singing it and the blues if your Coby boombox bursts into flame.

The Consumer Product Safety Commission says it’s possible and have announced a recall.

Swindles & seniors session planned

Tuesday, April 24th, 2007

Senior citizens are frequent targets for frauds and other scams.

As part of the Monroe County Caregivers Fair on Saturday, Tom Scott, assistant vice president and risk management officer for Monroe Bank & Trust, will talk about the various types of fraud, how to avoid becoming a victim and what to do if an older family member is victimized.

Mr. Scott, a former major in the Monroe County Sheriff’s Department, will give his talk from 11:30 a.m. to 12:15 p.m. The fair is free and open to the public.

Federal task force launches ID theft strategy

Monday, April 23rd, 2007

A federal task force has released a broad strategic plan to combat identity theft. It also has launched a new Web site dedicated to the growing ID theft problem.

The task force recommendations might mean Americans someday won’t have to routinely surrender personal information for routine business transactions or in dealing with federal agencies.

The report also proposes a coordinated law enforcement response to identity theft.

Beware of bogus Virginia Tech charity appeals

Monday, April 23rd, 2007

The Better Business Bureau of Northwest Ohio and Southeast Michigan is warning that bogus charity appeals might crop up in the aftermath of the shootings at Virginia Tech.

“Everytime we experience a major tragedy, the BBB sees questionable or just plain dishonest appeals for money from con artists who exploit our emotions. Although most charities are honest and ethical, some solicitations are deceitful and, at worst, just plain crooked,” says Richard T. Eppstein, BBB president.

The BBB advises consumers to:

– Be wary of appeals that are long on emotion, but short on describing what the charity will do to address the needs of victims and their families.

– Be skeptical of nternet appeals. Most legitimate charities do not send out Internet appeals. We expect many will resemble legitimate charities but actually will be “phishing” efforts to obtain your credit card or checking account numbers.

– Watch for door-to-door or “card table” appeals from unknown solicitors. Store managers need to be very careful to check out soliciting organizations before giving them permission to set up a table in their entrances. Don’t assume they are legitimate. Call and check their references.

– Watch for excessive pressure for on-the-spot donations. Be wary of any phone requests where they offer to send a “runner” to collect the donation.

– Not provide your credit card number or other personal information to a telephone solicitor. Many use look-alike names that sound similar to established charities in order to trick you.

– Ask for written information that describes the charity’s programs and finances, such as its latest annual report and financial statements.

– Ask how much of your give will be used for the activity mentioned in the appeal and how much will go toward others programs and administrative and fund-raising costs.