Fraud protection tips from a local consumer column
Sharon Patchett, executive director of the Consumer Credit Protection Service of Central New York, offers practical advice on avoiding fraud. Do not share PINs or full credit card numbers, screen calls, use protective security, and report suspected theft to police, banks, and credit agencies.
MENTIONED IN THIS ARTICLE
Fiona
Rmachine
TRW
Equifax
Trans Union
Sharon Patchett
Consumer Credit Pobricebog Service
Central New York
State
Sahna St
Syracuse
Beware Phony Telemarketing to Businesses
A warning from the Better Business Bureau about scams targeting companies via telephone and mail. Sales pitches promise nonexistent advertising space travel or cheap supplies, followed by bogus invoices. Verify vendors, obtain samples, and use internal controls before paying. Contact the BBB for reliability reports.
MENTIONED IN THIS ARTICLE
Better Business Bureau
Beta Business Bureau
Mellon Bank stock seen with long term upside
Malcolm Berko advises Mellon Bank as a solid buy and hold, noting strong returns on assets, growing profits, and a large cash position that could support a share buyback. He highlights Mellon’s history, assets, and dividend potential while warning readers about broker conflicts of interest and to research beyond his column.
MENTIONED IN THIS ARTICLE
Mellon Bank
David Tilson
US Trust
Zacks
Value Line
Bers
Exce
Malcolm Berko
Copley News Service
Herald-Journal
Berka
Syracuse Herald-Journal
Boca Raton
Fla
Investors mis-timing sector funds amid volatile tech gains
A study by John Moherthates of Lemningstar Investor in Chicago shows investors repeatedly mistimed sector fund purchases. From 1985 to 1981 each year the fastest selling sector underperformed the broad stock fund for the next three years, while slow sellers like health care and technology posted only modest gains in following periods.
MENTIONED IN THIS ARTICLE
Y John Moherthates
Lemningstar
Chicago
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