Securities hotline protects you from fraud

By Elliot Raphaelson
Posted on January 25, 2017

It’s no secret that many people reach retirement with a nest egg inadequate to last the rest of their expected life. Many will be looking for investments with above-average rates of return. But higher returns requires assuming higher risk. This can make retirees especially vulnerable to fraud. Studies have shown that people start losing mental capacity after age 70. After 85, it can ... READ MORE

When your kid is a financial train wreck

By Liz Weston
Posted on January 16, 2017

Financial planners and credit counselors see plenty of examples: The grown son who lost a job, moved home and stopped looking for work. The daughter who constantly mismanaged her checking account — and turned to payday lenders when parents stopped covering her overdrafts. The father working into his 70s to support spendthrift children in their 40s and 50s.Kristi Sullivan, a certified... READ MORE

County warns residents of utilities scam

By Beacon Newspaper
Posted on January 06, 2017

As colder temperatures begin to blow in across the region, Howard County’s Office of Consumer Protection is warning residents to be on the lookout for calls from individuals posing as representatives of local utility companies demanding immediate payment for service. This warning follows an alert issued by the Federal Communications Commission (FCC) as part of the FCC’s new, standing ... READ MORE