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BBB The Newsline
April 2012 ChrisColeman
Chris Coleman

BBB Small Business Advice for National Financial Literacy Month

Seventy-six percent of Americans are stressed about money, according to research by the American Psychological Association, and more than two-thirds of employers say that contributed to higher health costs, employee absences and lost productivity. The Presidentís Advisory Council on Financial Capability recommends financial literacy education for employees to combat this growing trend.

Presidents Message: The Better Business Bureau Investigates Contracting Crews and Wade Capital Management

The investigation team at the BBB is working diligently to get the word out about a couple of companies claiming to be located in our service area.

March 26, 2012 the BBB issued an alert to local contractors about a company and their telemarketing campaign offering local job leads. The company, using the name, Contracting Crews, claimed to be located in West Des Moines, IA. Mail sent to the company was returned as undeliverable. The phone number listed on the company website was found to actually be a landline in Bastrop, Texas.

Scam Alert: BBB Warns of Scams Targeting Seniors

Senior citizens continue to be a large target for scammers. As a result, the Better Business Bureau (BBB) is providing education and outreach to help prevent this kind of fraud.

A June 2010 survey by Investor Protection Trust showed that roughly 20 percent of Americans aged 65 or older has been taken advantage of financially. Most commonly, seniors are shown to be affected by inappropriate investments, unreasonably high fees for financial services, or outright fraud.

A Special Tip from the BBB: New Work-at-Home Regulations Offer Consumers More Protections

Effective March 1, 2012 amendments to the Federal Trade Commissionís Business Opportunity Rule go into effect. The changes implement new disclosures that work-at-home businesses must provide to ensure consumers have the appropriate information they need when considering a work-at-home program.

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