Office of Financial Empowerment
Translate This Page Printer Friendly Format Email A Friend Sign-up For Office of Financial Empowerment News Set Text Size Small Font midium Font Large Font
Marketplace Scams



MARKETPLACE SCAMS
We need to verify important information on your account.
You've won $1,000,000!
You've been preapproved for a loan.


Do any of these phrases sound familiar?  They are all designed to get your attention to steal your money or identity.  Learn how to spot scams in advertising so you can protect yourself and your money.
 Top five scams to avoid
 Top five DCA consumer complaints you should know about
 Think you've won the jackpot?  Don't fall for these "prize winning" scams
 Beware of terms and conditions that your lender or salesperson may not have
    explained to you.  Learn how to read the fine print in loan agreements

Recent Marketplace Scam News
City Launches Local Loan Modification Scam Alert Campaign to Connect At-Risk Homeowners to Free, Safe Foreclosure Prevention Services
The City partnered with NeighborWorks America to help New Yorkers recognize fraudulent foreclosure rescue firms seeking to scam homeowners. Homeowners can access free counseling by calling 311 or visiting Center for NYC Neighborhoods Web site