News and Alerts

These news reports from Consumer Rescue provide alerts and information to consumers concerning products, and scams, with useful advice and tips.

Can Robinhood freeze a customer's account and keep their money?

Robinhood froze my account and kept my $3,000 inside! Is this legal?

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Robinhood, the online millennial-focused brokerage site, brags that “Investing is simple here.” That sounded great to Bryan Bryan when he was looking for an easy way to invest some cash. So, he followed the onscreen prompts, transferred $2,400 into his Robinhood account and prepared to make his first transaction.

Of course, as is true with any investment, Bryan knew there would be some risk involved. But what actually happened, he never saw coming. That simple investment he hoped to make turned into an instant nightmare. Robinhood accepted his money, immediately froze his account, and refused to explain why.

That was four months ago.

What should a consumer do if a stranger drops money into their bank account via Zelle and then demands it back?

An angry stranger sent me a Zelle payment by surprise! Is this a scam?

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What’s the safest thing to do if you receive an unexpected Zelle payment and then an angry stranger asks you to send it back?

That’s something Erin Scheithe wants to know. She recently received a surprising text that an unknown person had made a $925 Zelle payment to her. Soon after that, a panicked woman emailed pleading for the return of the misguided funds. But when Erin asked her bank for guidance, things really started going wrong.

Erin’s frustrating tale is one you’ll want to read if you have a cash app like Zelle or Venmo installed on your phone. Although these services can be a great way to send money to friends and family, they’re also a great way to lose a ton of cash. Here’s what you need to know to help you decide if a money transfer app is right for you.

Consumer alert: If someone offers you a job as a mystery shopper at Walmart -- it's a scam.

How to quickly lose $1,100 in a Walmart shopping scam

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If you receive an unsolicited job offer from Walmart that involves shopping and getting paid big bucks to do it, it’s certainly a scam. But when Michele Turner received such an invitation, she was sure she had found the perfect way to make some extra cash. Unfortunately for her, there was a thief on the other end of that email who was about to reel Michele into an expensive mystery shopper scam. And the only person about to make some extra cash was that predator.

Now Michele is hoping that our advocacy team can help retrieve the over $1,100 she lost during this fiasco. But how?

Consumer Alert: Here are the latest eBay gift card scams to avoid.

eBay gift card scams are running wild. This is how to avoid them

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Here come the eBay gift card scammers — and just in time to steal your cash before the holidays. But the Consumer Rescue team is here too, warning you about these swindlers so you can avoid their trap.

We’ve received many pleas for help from distraught victims of various eBay gift card scams during the past year. They’ve lost hundreds and even thousands of dollars to this scheme. These consumers all want the same thing: to retrieve their stolen money from the anonymous predators who tricked them.

But is there any possible way to do that?

Consumer alert about the fake job scam on LinkedIn, Zelle job scam, scammers lurking on LinkedIn offering jobs that don't exist.

How a fake job scam on LinkedIn cost a college student $9,000

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Could you fall for a fake job scam?

If you’re like Sam Erin, you probably answered “no!” She’s a college-educated young adult who was sure she knew how to spot a con game. That is until a phony employment crime ring preyed on her naivety and stole nearly $9,000 from her.

Now, after draining her bank account, the scammers have vanished, leaving Erin jobless and cashless. She’s hoping our advocacy team can help. But how?

If a stranger sends you money, should you keep it? This Zelle user wishes he had.

Surprise! A stranger just sent money to you through Zelle. Now what?

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If a stranger sends you money by mistake, do you have any obligation to give it back? If so, how do you do it without exposing yourself to a scam? And if you transfer money to the wrong person using Zelle, is there any possible way to fix your mistake?

These are not uncommon dilemmas faced by users of cash apps like Zelle and Venmo in 2022. Along with the increasing popularity and convenience of instant money transfer services came a dramatic rise in pricey user errors. Unfortunately, our attempts to investigate and resolve many of these cases have exposed some disturbing flaws in the programs.

Minh Tran is just one of the many desperate Zelle users who’ve recently asked our team for help. In his case, a stranger’s mistake set off a frustrating and confusing chain of events that almost cost him $360.

Zelle mistakes, Zelle errors. Sending money to the wrong person by mistake with the Zelle app. Fixing Zelle problems.

What can you do if you sent money to a stranger by mistake?

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What if you sent $500 to the wrong person by mistake and that person refused to give back your money? That’s the shocking situation in which Rossin Asilo recently found herself.

Using the money transfer app Zelle for the first time, Asilo made a simple typo entering her friend’s phone number. That error dropped the cash intended for a memorial donation into the wrong person’s bank account. Unfortunately, that stranger appears to view the transaction as a $500 windfall and will not return the money.

Now Asilo is hoping that our advocacy team can find a way to get her money back. But that request might just prove to be an impossible task.

Here are six Zelle scams you should know about now!

Here are six Zelle scams that will quickly drain your bank account!

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Zelle users, beware: Scammers are aiming their sights right at you. It’s true – the money transfer service has quickly become the preferred method of thieves everywhere looking for instant cash. In fact, I receive daily pleas for help from bewildered victims of these Zelle scams.

Here are six of the latest Zelle scams that you should know about in 2022.