scams

Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America's consumer protection agency. Learn about recent scams and how to recognize the warning signs.

Source: consumer.ftc.gov

Australian Bank Spots Scams via How Users Hold Their Phones
Australian Bank Spots Scams via How Users Hold Their Phones
June 26, 2024  |  Cybersecurity

Can the angle at which you hold your phone help your bank protect against scams? National Australia Bank seems to think so. Speaking during the...

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Elder Scams Spike as More Boomers Move Online
Elder Scams Spike as More Boomers Move Online
June 14, 2024  |  Cybersecurity

As more baby boomers and seniors go online to get their banking done — making payments, investing and paying bills or taxes — the fraudsters...

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CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
June 03, 2024  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of nonbank financial companies that have broken consumer laws and are...

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Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
May 30, 2024  |  Cryptocurrency

The Treasury Department has a warning for NFT fans: use them at your own risk. The department released an assessment Wednesday (May 29) finding that non-fungible tokens (NFTs) —...

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FTC: Company Impersonation Scams Cost Consumers Millions of Dollars
FTC: Company Impersonation Scams Cost Consumers Millions of Dollars
May 24, 2024  |  Cybersecurity

The Federal Trade Commission said it has been flooded with reports from consumers who have been taken in by scammers purporting to represent some of today’s leading companies. The FTC said Friday (May...

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Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
May 21, 2024  |  Digital Identity

Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a...

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UK Fraud Proposal Has ‘Significant Problems,’ Minister Says
UK Fraud Proposal Has ‘Significant Problems,’ Minister Says
May 20, 2024  |  Legal & Regulation

A British treasury official has reportedly criticized proposed fraud reimbursement measures for banks and FinTechs. The plan would require those companies to repay fraud victims...

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DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams
DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams
May 17, 2024  |  Legal & Regulation

Two Chinese nationals have been charged with leading a scheme to launder proceeds from cryptocurrency investment scams. The indictment, unsealed in the Central District of...

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Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
May 09, 2024  |  Fraud Prevention

The internet has been both a blessing and a curse to society and commerce alike.  And with the news Wednesday (May 8) that a criminal network...

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