Friday, February 14, 2025

Beware of romance scammers

Plus: Is renting chickens an egg solution? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Fri Feb 14 2025

 

Betty Lin-Fisher Consumer reporter

@blinfisher

Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused edition of The Daily Money.

Today is Valentine's Day and romance is in the air. But scammers are also out in full force.And it's not just Valentine's Day when scammers target vulnerable victims, profess their love and then bilk them of money – either with pleas for help or with a promise of a great investment opportunity.

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Kate Kleinert, 71, was the victim of a romance scammer who convinced her to send him $39,000. She now speaks out to try to help others from falling victim to the scam

photo submitted by Kate Kleinert

Need eggs? Is renting chickens an answer?

Can't find eggs or upset about the soaring prices? A Pennsylvania company that partners with chicken farmers in 29 states is experiencing an uptick in reservations for its rental service. For about $500, Rent The Chicken provides a portable coop, two egg-laying hens that will lay eggs within two days of arrival and enough feed for the six-month contract.

While the chickens will provide you with eggs in your back yard, it's not an immediate solution to the egg shortage problem.

📰 Consumer stories you shouldn't miss 📰

Beware of shady tax advice on social media, Susan Tompor with the Detroit Free Press reports.
Several major U.S. retailers have announced store closures. Is this the new "retail reality?"
Home loan mortgages slipped to a two-month low. Will it last?
Single on Valentine's Day? Here's how to find a singles support group online.
Did you get a text about an unpaid road toll? It could be a scam.

📰 A great read 📰

Finally, here's a popular story from last year that you may have missed. Feel free to share it.

A Walmart employee grudgingly reported to work last Labor Day, after being called in for a few hours on her day off. On the way home, she bought a lottery ticket from a California Lottery machine.

Her $10 ticket turned into a $1 million winner.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Kate Kleinert, 71, was the victim of a romance scammer who convinced her to send him $39,000. She now speaks out to try to help others from falling victim to the scam.

Romance scammers target people looking for connection and love - and then bilk them for money or quick-hit investments.

Tyler Kochirka of McKees Rocks, Pennsylvania, initially rented two chickens from Rent the Chicken, shown in his yard, and then bought them. He now has 10 egg-laying hens who provide eggs during a national shortage.
 

Is renting chickens a solution to soaring egg prices, shortages?

Can't find eggs during this egg shortage or prices too high? One company is offering a potential solution: rent chickens.

Some 739,000 taxpayers were still waiting for the IRS to unfreeze their federal income tax refund after they claimed potential frivolous credits at the end of fiscal year 2024, according to the National Taxpayer Advocate report released in early January.
 

Shady tax advice on social media can end up costing you on your refund

Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with IRS.

Approximately 15,000 retail locations are expected to close in 2025, according to research firm Coresight Research.
 

Could 2025 bring a new 'retail reality'? Experts project skyrocketing closures

As major U.S. retailers announce sweeping store closures, experts say more are on the way throughout 2025.

A home for sale.
 

Mortgage rates touch two-month low with big jumps projected ahead

Rates for home loans fell for the fourth straight week, even as the specter of higher borrowing costs looms ahead.

How to find places to rant and rave about dating online.
 

How to find a singles support group online

Dating and relationships are hard. Here are some places you can anonomously ask for help or rant about your experiences.

A senior woman uses her smartphone.
 

Did you receive a text about unpaid road tolls? It could be a scam.

An SMS scam targeting road tolls has resurfaced, claiming people owe money for unpaid bills.

The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022.
 

Why are tech giants laying off staff? What to expect from tech in 2025

While tech giants are laying off workers in 2025, economists say companies are more bullish on hiring in 2025 than years' past.

A shopper heads into the Joann fabric and craft store on Medina Road on Thursday, Feb. 13, 2025 in Akron.
 

Why did Joann file for bankruptcy? What to know as store closures loom

Joann, the retailer famously known for selling fabrics and crafts, has filed for Chapter 11 bankruptcy for the second time in less than a year.

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