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From $2 Million To Foreclosure On An Ameriquest Subprime Mortgage
Frances Joy Taylor had had about $2 million in assets, which she intended to leave to her church, before she met a businessman named Tyrone Dash. Dash took over her affairs and “methodically liquidated...
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Creditors Can Steal Your Social Security Check Right Out Of Your Bank Account
Nathalie Martin’s elderly cousin had her social security check garnished straight from her bank account by a collections agency. Apparently, most banks skip over the section of federal law that...
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$753 Airline Tickets End Up Costing Two Seniors Nearly $10,000
Two seniors who bought $753 roundtrip tickets to Rome ended up paying nearly $10,000, thanks to flight delays and airlines reneging on their promises. The Lopilatos had a flight on American Airlines...
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Dateline Investigates Shady Annuity Salesmen Targeting Seniors
Dateline did a hidden camera investigation into the world of shady annuity salesmen targeting seniors and playing on their emotions to lock their life savings away in funds they may never live to...
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Wachovia To Pay $144 Million For Bilking "Gullible" Seniors
Wachovia will pay $144 million for helping telemarketers prey upon the elderly. The Office of the Comptroller of the Currency spanked the morally bankrupt institution with one of the largest fines ever...
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Social Security And Medicare Will Be Insolvent Even Sooner Than Predicted
If you plan on retiring after 2037, you’d better get really serious about saving now. It might not hurt to also take a vow of poverty; that way you’ll feel like it’s your decision to live off of...
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Scammers String Along 82-Year-Old For Four Years, Leave Him Penniless
Here’s another reason to have a sit-down with your elderly relatives and make them promise that if they ever, ever find out they’ve won some money in a lottery they didn’t enter, they should tell...
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Pizza Hut Manager Attacks Old Man
A 27-year-old Pizza Hut manager in Winnipeg, Manitoba, went bonkers last Friday and dragged a 76-year-old customer to the ground over a payment dispute. The manager was arrested, and the customer...
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Despite Regulations, Survivors Face Foreclosures After Reverse Mortgage...
(jetsetpress)There are a number of reasons someone might take out a reverse mortgage: to pay for prescriptions or medial care, to subsidize their daily living expenses or even to settle their fear of...
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FTC And Florida AG Sue Company That’s Allegedly Behind Medical Alert Robocalls
Reputable companies that sell personal emergency alert devices might air disturbing TV ads, but at least they mean well, don’t lie in their ads, and–here’s the important thing–don’t bombard America’s...
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