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

Financial Crimes and Scams Will Be Among 2023’s Few Certainties
Financial Crimes and Scams Will Be Among 2023’s Few Certainties
December 29, 2022  |  Cybersecurity

The year 2023 holds few certainties, but financial crimes and scams will be among next year’s sure bets. The past year has seen any number...

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FCA Cautions Holiday Shoppers Against Rise in Loan Fee Scams
FCA Cautions Holiday Shoppers Against Rise in Loan Fee Scams
December 22, 2022  |  Fraud Prevention

The U.K.’s financial regulator has warned consumers to be wary of Christmas scams. With inflation in the double figures, many in the country are turning...

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EU Cracks Down on Phone Number Masking to Protect Consumers
EU Cracks Down on Phone Number Masking to Protect Consumers
December 21, 2022  |  Fraud Prevention

Phone number masking cases have caused European authorities to issue advice on how to prevent fraud. While the big European fraud trial of the moment...

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Amazon Scam Prevention Cautions Consumers About False Urgency, Bogus Postcards
Amazon Scam Prevention Cautions Consumers About False Urgency, Bogus Postcards
December 20, 2022  |  Retail

Amazon scam prevention is flagging new tactics aimed at separating unsuspecting consumers from their money. Abigail Bishop, head of scam prevention at Amazon, tells PYMNTS the...

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They Say Crime Doesn’t Pay Yet Fraudsters Keep on Trying
They Say Crime Doesn’t Pay Yet Fraudsters Keep on Trying
December 10, 2022  |  Cybersecurity

Fraudsters defraud. It’s their job, just as it is for the equally committed army of digital warriors who are paid to combat them. In the...

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Young Digital Natives Getting Scammed Online in High Numbers
Young Digital Natives Getting Scammed Online in High Numbers
December 09, 2022  |  Cybersecurity

New government data shows digital natives are falling for some online scams more than elders. In short, engagement — not age — is the primary...

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Younger Adults 34% More Likely to Lose Money to Fraud 
Younger Adults 34% More Likely to Lose Money to Fraud 
December 08, 2022  |  Cybersecurity

Younger people are more likely than older adults to report losing money to fraud. The Federal Trade Commission (FTC) reported Thursday (Dec. 8) in a...

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Calls For Regulation Intensify as UK Crypto Scams Jump 45%
Calls For Regulation Intensify as UK Crypto Scams Jump 45%
November 23, 2022  |  Cybersecurity

From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric...

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Impersonation Scams on the Rise Ahead of Holidays Prompting Response From Watchdogs
Impersonation Scams on the Rise Ahead of Holidays Prompting Response From Watchdogs
November 22, 2022  |  Cybersecurity

‘Tis the season to be … wary. The holiday weeks mean fewer days in the office — online or onsite. Staffers embark on their usual...

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