Watch Out for Holiday Scams

November 26, 2013

Picture courtesy itbusinessedge.com

The holidays are here and that means lots of food, fun, good cheer and— SCAMS! Consumer groups are warning you to be on the look-out for some popular new ways crooks are ripping people off.  NBC News Investigative Correspondent Jeff Rossen talks about three new scams being  ramped up for the holiday shopping season.  Click here to watch.

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Suggestive ‘Selfies’ Nabbed & Posted on Porn Sites

November 20, 2013

Teens who’ve taken nude or semi-nude “selfies” and posted them or sent them to a friend are finding those pictures can come back to haunt them.  An investigation by the CBS station in Orlando has learned teenage girls are discovering long-forgotten, revealing pictures of themselves on porn sites.

WKMG Investigative Reporter Mike Holfeld tells this tale of caution for all parents and teens. Click here to watch the report.

 

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Drug Company Whistleblower Exposes Serious Problems at Plant that Makes Generics

November 6, 2013

A drug company whistleblower who exposed serious problems at the company that makes popular drugs used in the United States is telling his story to CBS News.  Kinesh Thakur worked for major, drug manufacturer Ranbaxy which made generic versions of drugs like Lipitor and antibiotics at plants in India.  He revealed disturbing problems with data the company was required to provide to the FDA to show the effectiveness of the drugs it produced.  It’s a cautionary tale for all Americans, particularly when you consider that 80-percent of all drugs prescribed in the U.S. are generics.  Click here to watch this report by CBS News Correspondent John Miller.

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Taxpayers are Paying for For-Profit Colleges

September 20, 2013

If there’s one thing all taxpayers want it’s value for their money, but there’s a big question about whether we’re actually getting it with for-profit colleges.

Many have been accused of predatory recruiting practices, providing substandard education and even falsifying job placement data.

But still, the U.S. government provides a whopping $30 billion a year in federal financial aid dollars to these schools.  It makes up nearly 90-percent of their total revenue. So why are we paying for it?

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Career Colleges Under Investigation

June 11, 2013

For-profit colleges say they offer working adults and other non-traditional students access to a college degree and career, but the promise doesn’t always work out so great for students or taxpayers.  Schools like ITT Tech, University of Phoenix, The Art Institutes and Kaplan are among those  that advertise they give you the skills to get a job.  Click here to watch this report on “For-Profit Colleges” by Dan Rather Reports.

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Learn to Save Money on Medical Costs

May 15, 2013

There’s often no rhyme or reason when it comes to what hospitals charge for medical procedures.  They can pretty much charge whatever they want to and do just that.  The evidence comes in the form of widely varying rates charged for the same procedure in the same geographic area.  ABC News examined the issue of inexplicable medical costs, while trying to help one family figure out how to save money on a tonsillectomy for their little boy.  Click here to watch.

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Why are the Rich So Rich, while Everyone Else Struggles?

May 10, 2013

Ordinary working Americans don’t seem to have as much of a chance anymore at striking it rich.  Over the past three decades, income disparity between the wealthy and middle class has exploded.  That makes it much harder for average people to pursue the American dream and nearly impossible for the poor.  Upward mobility in the United States is lagging far behind upward mobility in other industrialized countries.  If you’re feeling it, it’s not your imagination.  Click here to learn more and watch this fascinating documentary which is part of the “Why Poverty?” series: “Park Avenue: money, power and the American Dream”

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Nursing Home Chain Accused of Overbilling for Excess Care

May 9, 2013

Every year, Americans spend hundreds of billions of dollars on unnecessary medical tests and treatments.  Often times, that care goes to the elderly and all taxpayers end up paying for it through Medicare. CBS News has been investigating Life Care Centers of America, one of the largest nursing home chains in the country, for allegedly over-billing Medicare for unnecessary patient rehab.  Click here to watch this investigative report by CBS reporter Jeff Glore.

Do Non-Profit Hospitals Give as Much as They Get?

April 30, 2013

Many hospitals in your community no doubt enjoy tax exempt status because they are designated as non-profit.  But what does that really mean?  It’s not that they don’t make a profit, because they most likely do. The difference is these corporations are supposed to give back to their communities. Reporter Marni Jameson took a fascinating look at the issue in a front page story in the Orlando Sentinel.  Click here to learn more about what she discovered.

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Top Tax Scams to Avoid

April 3, 2013

The Internal Revenue Service is out with it’s annual list of the Dirty Dozen Tax Scams.  Topping the list is “Identity Theft.” Coming in second is “phishing” and third is “Tax Preparer Fraud.”  Click here for more information and to watch an interview from CNN Money.

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