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

Creators of Squid Crypto Cash Out; Investors Lose $2M
Creators of Squid Crypto Cash Out; Investors Lose $2M
November 02, 2021  |  Cryptocurrency

A digital currency based on Netflix TV show “Squid Game” suffered a massive blowback Monday (Nov. 1) and is now trading at $0, with the...

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Today in Retail: Mattel Touts Supply Chain Flexibility; Google Bets on Social Commerce 
Today in Retail: Mattel Touts Supply Chain Flexibility; Google Bets on Social Commerce 
October 22, 2021  |  Retail

In today’s top retail news, Mattel executives are confident they can overcome supply chain issues, while Google is looking at making moves in India’s social...

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Deep Dive: How Organizations Can Fight Back Against the Ravages of Phishing
Deep Dive: How Organizations Can Fight Back Against the Ravages of Phishing
October 21, 2021  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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HSBC on Authenticating Customer Payments to Reduce Fraud
HSBC on Authenticating Customer Payments to Reduce Fraud
October 01, 2021  |  Authentication

Telling good transactions from bad is tough when customers are scammed into validating fraudulent payments. In the Authenticated Payments Report, HSBC’s Drew Douglas explains how...

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FCA Chair: Investors Need Protection From Online Crypto Schemes
FCA Chair: Investors Need Protection From Online Crypto Schemes
September 08, 2021  |  Cryptocurrency

Investors need protection from sketchy cryptocurrency schemes, especially those being promoted online by paid influencers in “pump and dump” maneuvers, Financial Conduct Authority Chairman Charles...

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Bitcoin Daily: Brazilian Federal Police Seize $27.6M in Bitcoin From Alleged Ponzi Scheme; Swiss Luxury Hotel to Accept Crypto as Payment
Bitcoin Daily: Brazilian Federal Police Seize $27.6M in Bitcoin From Alleged Ponzi Scheme; Swiss Luxury...
August 29, 2021  |  Bitcoin

Brazilian federal police have uncovered around $27.6 million in bitcoin after a series of reported Ponzi schemes from one company, The Daily Hodl reported. Get...

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DOJ Says Alleged Payment Processing Scam Bilked $150M
DOJ Says Alleged Payment Processing Scam Bilked $150M
August 26, 2021  |  Security & Fraud

Four people have been charged with conspiring to deceive banks and credit card companies, according to a press release from the U.S. Department of Justice...

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SEC Official: Crypto Scams Now Favored Crime Tool
SEC Official: Crypto Scams Now Favored Crime Tool
August 25, 2021  |  Security & Fraud

The popularity of cryptocurrency has come with an unfortunate side effect: a corresponding rise in the number of scams involving crypto. Get the Full Story...

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M&T Bank Says Blanket Approach To Security Smothers Customer Experience
M&T Bank Says Blanket Approach To Security Smothers Customer Experience
August 19, 2021  |  Fraud Prevention

March 2020 marked a watershed moment for digital banking. It marked the mass acceleration away from branches and onto banking sites and apps, with more...

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