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SCC encourages Virginians to use caution when investing online


SCC encourages Virginians to use caution when investing online
Published Saturday, Mar. 6, 2021, 10:28 am
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Powerful smartphones, countless apps, and online finance options have made investing more convenient than ever. With the click of a mouse or press of a button, Virginians can check investment account balances, buy investment products and services and much more while on-the-go.
These conveniences have, unfortunately, given scammers new ways to separate investors from their money. Especially during the COVID-19 pandemic, the State Corporation Commission encourages all Virginians to treat internet security seriously when they invest using online resources. ....

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National Consumer Protection Week: Herring, SCC highlight consumer resources


National Consumer Protection Week: Herring, SCC highlight consumer resources
Published Monday, Mar. 1, 2021, 10:06 am
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National Consumer Protection Week is underway, and Attorney General Mark Herring and the State Corporation Commission are highlighting the resources available to consumers.
The AG’s office works through its Consumer Protection Section to protect Virginians from being exploited by abusive, deceptive, predatory, or illegal business practices. Since 2014, CPS has recovered approximately $356 million in relief for consumers and payments from violators and transferred more than $59 million to the Commonwealth’s General Fund. ....

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