Friday, March 27, 2009

Foreclosure Scam Alerts Coming Soon To A Theater Near You

The Wall Street Journal reports:
  • The Federal Reserve is coming soon to a theater near you. The subject won't be the drama inside the central bank or its role in the current financial crisis. Rather, Fed officials plan to launch advertisements in movie theaters to warn homeowners about foreclosure scams. Intended to extend the reach of consumer warnings on the Fed's Web site, the ads will run in 14 cities with high-foreclosure housing markets and an outbreak of scam artists charging for guidance that is free from nonprofits working with the government.

For more, see Fed Features: Ads at Movies Warn Against Scams.