(source: consumer.ftc.gov)
Qatari billionaire Wissam Al Mana reportedly emerged victorious in a legal battle against Meta over the unauthorized use of his image in cryptocurrency scam advertisements...
Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade...
For banks, artificial intelligence is both foe and friend in the eternal battle against fraud. Foe because the bad actors are harnessing advanced technologies to...
Fraud related to COVID-19 relief programs continues to occur “at a concerning scale.” Andrea Gacki, director of the Financial Crimes Enforcement Network (FinCEN), said this...
Federal authorities have seized almost $9 million in cryptocurrency tied to a scam ring. The U.S. Justice Department (DOJ) announced Tuesday (Nov. 21) the seizure of...
Banks that use payment app Zelle have reportedly started refunding customers victimized in imposter scams. According to a Monday (Nov. 13) report by Reuters, Zelle operator Early Warning...
A man was sentenced to nearly 16 years in prison for orchestrating a fraud related to Alibaba’s 2014 initial public offering (IPO). Frank Harold Rosenthal...
A growing number of consumers are interested in cryptocurrencies, and most know what they are. But the number of financial institutions ready to offer cryptocurrency...
The U.S. is set to unveil several new proposals to govern artificial intelligence (AI). Vice President Kamala Harris will outline the White House plans as she heads...