Better Business Bureau Serving Central East Texas Names Top Ten Scams of 2021 | News

The Better Business Bureau serving Central East Texas announces East Texas’ Top Ten Scams of 2021. The Federal Trade Commission’s Consumer Sentinel Network took in approximately 4.7 million reports in 2020 with consumer losses estimated at over $3.3 billion. The 2022 report will be published in the spring of 2021.

“Scam artists are not going anywhere. Unfortunately, during the pandemic, we’ve seen them become more aggressive,” said Mechele Agbayani Mills, President and CEO of BBB Serving Central East Texas. “Whether it’s online or over the phone, we must remain vigilant when it comes to protecting personal and financial information.”

The following list includes East Texas’ most reported scams and suspicious activities of 2021 via BBB Scam Tracker:

• Online purchase scams. It may seem as if some of the best deals many be found online, but use caution. It’s easy for a scammer to hijack photos from a legitimate retailer

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Stanford almuni create prototype to improve electrical power grid at organization incubator in East Texas | Business enterprise

Coming in at 7-feet large and 20-toes long and weighing about 8,500 kilos, Artemis Prime is a drive to be reckoned with.

As a result of the technologies she wields, old oil and gas wells will ultimately develop into a source of renewable energy to improve electric power grids. From the minds of two guys who satisfied even though in graduate school at Stanford University, this massive piece of machinery is a prototype of what could revolutionize renewable electrical power storage approaches.

It all began in the woods in the vicinity of Palestine, where by co-founders Kemp Gregory, 31, and Stefan Streckfus, 32, lived and labored at merchandise design and style and innovation firm PCDworks‘ Difficult Tech Base Camp.

Gregory and Streckfus are co-founders of the startup business Renewell Electricity, which seeks to completely transform 3.1 million inactive oil wells in the United States into storage devices for renewable

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