consumer fraud

FTC Unit Aids With Criminal Prosecutions of Scammers
FTC Unit Aids With Criminal Prosecutions of Scammers
January 30, 2023  |  Security & Fraud

When scammers took in $1.2 million from small businesses and nonprofits, the FTC acted. Because the Federal Trade Commission (FTC) is not authorized to bring...

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CFPB: Frauds and Scams Make up 40% of Crypto Complaints
CFPB: Frauds and Scams Make up 40% of Crypto Complaints
November 10, 2022  |  Security & Fraud

They call it “pig butchering.” A scammer spends time getting their victim’s confidence and trust to convince them to set up cryptocurrency accounts in an...

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Amazon Helping FTC Crack Amazon Seller Scam
Amazon Helping FTC Crack Amazon Seller Scam
August 08, 2018  |  Amazon

Amazon is cooperating with the Federal Trade Commission’s (FTC’s) fraud investigation into Sellers Playbook. The FTC and the State of Minnesota have charged Minnesota-based Sellers...

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Trump Task Force Eyes Crypto Crime
Trump Task Force Eyes Crypto Crime
July 12, 2018  |  Security & Fraud

The Trump administration has created a new task force that will focus on protecting consumers from one of the biggest fraud threats: crypto coins. Bloomberg noted that...

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Interview With A Financial Vampire
Interview With A Financial Vampire
August 16, 2017  |  Security & Fraud

There’s a lot of money in stolen credit cards. Fraud magnate Bern Ersell declined to tell PYMNTS exactly how much, but he did give a...

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FTC To Announce National Consumer Fraud Program
FTC To Announce National Consumer Fraud Program
May 12, 2017  |  Security & Fraud

Over the past few months, we’ve certainly seen and reported on a lot of action involving the Consumer Financial Protection Bureau (CFPB). From banks challenging...

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