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

Bitcoin Daily: FTC Says Bitcoin Boom Draws Fraudsters; Basel Committee Advises Avoiding Crypto
Bitcoin Daily: FTC Says Bitcoin Boom Draws Fraudsters; Basel Committee Advises Avoiding Crypto
June 07, 2021  |  Bitcoin

A recent bitcoin boom is attracting scammers, The Wall Street Journal (WSJ) reported, citing the Federal Trade Commission (FTC). The lack of regulation and the...

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Should Banks Reimburse Businesses For Fraud?
Should Banks Reimburse Businesses For Fraud?
June 01, 2021  |  B2B Payments

Consumer fraud is an ugly beast, but often, individuals can sleep soundly knowing that instances of fraud are often covered by their banks. Corporates, however,...

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FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
May 19, 2021  |  Loans

Long after nearly $800 billion in Paycheck Protection Program (PPP) life-line loans were rapidly dispersed to ailing businesses during the height of the pandemic, a...

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US Senators Want Regulators To Crack Down On Travel Scams
US Senators Want Regulators To Crack Down On Travel Scams
May 13, 2021  |  Regulation

With pandemic scams on the rise, two U.S. senators are calling on the Federal Trade Commission (FTC) to increase the agency’s efforts to protect consumers...

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Bringing Clarity To The Messy World Of Corporate Ransomware
Bringing Clarity To The Messy World Of Corporate Ransomware
May 12, 2021  |  B2B Payments

Ransomware is, yet again, snatching up headlines, with one of the U.S.’ largest pipelines, operated by Colonial Pipeline, the latest victim of cyberattacks. Before that,...

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FBI Identifies Suspects In Colonial Pipeline Hack
FBI Identifies Suspects In Colonial Pipeline Hack
May 10, 2021  |  Security & Fraud

The FBI said it has identified the hackers who shut down the East Coast’s main gas and diesel pipeline last week as a group from...

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Deep Dive: How Firms Can Reduce The Risk Of Authorized Payment Attacks
Deep Dive: How Firms Can Reduce The Risk Of Authorized Payment Attacks
April 30, 2021  |  Fraud Prevention

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How Fostering A Culture Of Fraud Awareness Alongside Automated Tools Can Help Businesses Beat BEC Scams
How Fostering A Culture Of Fraud Awareness Alongside Automated Tools Can Help Businesses Beat BEC...
April 29, 2021  |  Fraud Prevention

Fraudsters have found a new twist on an old favorite — business email compromise scams. In the inaugural Preventing Financial Crimes Playbook, Jeff Taylor, senior...

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Report: Automation Protects Business Payments From Email Compromise
Report: Automation Protects Business Payments From Email Compromise
April 28, 2021  |  Fraud Prevention

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