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

Report: Binance Faces Scrutiny as Ponzi Mobile Apps Scam Surfaces

Report: Binance Faces Scrutiny as Ponzi Mobile Apps Scam Surfaces
Report: Binance Faces Scrutiny as Ponzi Mobile Apps Scam Surfaces
January 10, 2022  |  Security & Fraud

Binance, a popular cryptocurrency exchange, is under investigation by Pakistan regulators over a multi-million-dollar Ponzi scheme, Dawn reported Friday (Jan. 7). Get the Full Story...

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FBI: People Sharing Phone Numbers Online Could Fall Prey to Scammers
FBI: People Sharing Phone Numbers Online Could Fall Prey to Scammers
January 06, 2022  |  Security & Fraud

The Federal Bureau of Investigation is warning that people who post their phone numbers online as a point of contact when selling goods, or for...

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2021 Crypto Scams Top $7.7B, Fueled by DeFi-Friendly ‘Rug Pulls’
2021 Crypto Scams Top $7.7B, Fueled by DeFi-Friendly ‘Rug Pulls’
December 16, 2021  |  Cryptocurrency

When South Africa-based cryptocurrency exchange Luno discovered that many of its clients were being targeted by a project that promised investors returns so large that...

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Bitcoin Daily: RugSeekers Group Aims to out Crypto Scams
Bitcoin Daily: RugSeekers Group Aims to out Crypto Scams
November 30, 2021  |  Bitcoin

A group that calls itself the RugSeekers has been working diligently to ferret out cryptocurrency scams, Bloomberg reported. Get the Full Story Complete the form...

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Supply Chain Shortages Fuel Fraudsters With Fake Storefronts To Trick Holiday Shoppers
Supply Chain Shortages Fuel Fraudsters With Fake Storefronts To Trick Holiday Shoppers
November 17, 2021  |  Security & Fraud

The impulse buy will be hallmark of the 2021 holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy...

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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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