One in seven people move every year, and most have some kind of horror story to tell. Unfortunately, the moving industry is being infiltrated by organized crime. There are two types of moves: state-to-state moves, and local moves (regulated specifically by the state or not at all). There is a loophole allowing criminal activity in the laws written by Congress for state-to-state moves. They either try to extort money from you, steal your possessions, or a combination of the two. The New York Times reported that two consumers who were scammed set up a group, Citimove, to help people learn about moving scams. The scams (both state-to-state and local) work by the movers quoting an original price, picking your things up, and then calling weeks later with a ransom to get your possessions back. Clark stresses that moving preparations need extreme care and caution. Movingscam.com is a good website to learn to protect yourself. Moving.org will help choose a certified mover for a state-to-state move. Purchase insurance coverage from your movers because they are not responsible for anything stolen or lost without insurance.

You’ve probably heard of bereavement fares, right? These are the supposedly “discounted” fares people pay when a loved one dies or is about to die and the relative must find a flight to the funeral or deathbed. We all know that bereavement fares are a huge ripoff, though. Clark thinks we need a viable solution for this shameful situation. But a recent ‘solution” proposed by the Feds may just create more of a problem than already exists in Clark’s opinion. A bill percolating in the U.S. Senate would force the nation’s airlines to sell the lowest priced tickets to people who can prove they are going to a funeral. It sounds like a good idea. But when the government interferes in the free market, things often turn out worse. The idea came about because someone in the Senate was charged a very hefty fee to attend a funeral at the last minute. The senator took action and now has gotten Congress to do away with this law. But Clark doesn’t think we need a heavy hand from Washington to take care of this problem. People simply need to look around for other fares in different cities and give their business to one of the discounters. Discounters now charge about one-fourth of what full fare airlines charge on a bereavement fare. So, take just a couple of minutes to search discounters even when you are grieving. Check out travel from other airports and other days. It’s the little changes that make a difference in airfare. Capitalism will take care of this problem.

Clark often reports on ripoffs going on in the consumer world. Today, he has a Top 10 list of scams, schemes and scandals, provided by the state regulators who watch over financial analysts and brokers. Drum roll please…. The No. 10 scam is variable annuities. If you don’t know what these are and you don’t have any, good. If you do, you don’t want to put any more money into these plans. They have massive commissions and are absolutely horrible for your wallet. No. 9 are scandalous mutual fund companies. No. 8 is Internet fraud. No. 7 are “high yield investment” scams. Some that Clark has received calls on involve exotic overseas investments that are a complete scam. Insurance agents who sell people bogus investments come in at No. 6. Most insurance agents are honest, but a number of them have been involved in very scandalous affairs. No. 5 are church ripoffs. Just because someone seems religious does not mean that person is on the up and up. At No. 4, phony brokers. Just because someone says something is going to be a great investment doesn’t mean it will. Promissory notes – or fake CDs – are No. 3. These are promises that someone will pay you later if you give them money. But there is no guarantee, and it’s not safe. No. 2 is any kind of scam against seniors. If you’re not involved in your parents’ finances, be nosy! And, the No. 1 scam in the U.S. involving your wallet are Ponzi schemes. These are schemes where criminals recruit people to pay back other people who have invested, and then you have to recruit someone once you’re in. Eventually, these collapse because there are no more people willing to “invest.” There a lots of people who will sell you sizzle, but that’s all it is.