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

FTC: Financial Education Services Ran $213M Pyramid Scheme

FTC: Financial Education Services Ran $213M Pyramid Scheme
FTC: Financial Education Services Ran $213M Pyramid Scheme
June 01, 2022  |  Cybersecurity

The Federal Trade Commission (FTC) has acted against credit repair company Financial Education Services, accusing it of running a $213 million pyramid scheme, according to...

READ MORE >
Scammers Used Twitter’s Crypto Community to Steal Information
Scammers Used Twitter’s Crypto Community to Steal Information
May 26, 2022  |  Cybersecurity

Scammers are hijacking Twitter accounts to promote questionable cryptocurrency platforms that let them compromise their victim’s information. Get the Full Story Complete the form to...

READ MORE >
TechREG Weekly EMEA: Top Officials Call for Crypto Regulation; EU, UK Regulators Focus on Consumer Credit Rules, Fraud Prevention Tools
TechREG Weekly EMEA: Top Officials Call for Crypto Regulation; EU, UK Regulators Focus on Consumer...
May 20, 2022  |  Legal & Regulation

This week, policymakers and regulators in Europe have continued issuing warnings about cryptocurrencies as “highly speculative assets” and renewed calls for “consistent and comprehensive” crypto...

READ MORE >
Metaverse Weekly: Meta Opens Brick-and-Mortar Store; an NFT Casino Crackdown; Metaverse Search Engine In the Works
Metaverse Weekly: Meta Opens Brick-and-Mortar Store; an NFT Casino Crackdown; Metaverse Search Engine In the...
May 12, 2022  |  Metaverse

A lot of blockchain metaverse boosters like to paint the newly renamed Meta as a threat to the dream of a decentralized immersive virtual world...

READ MORE >
Senator Questions CFPB Director Chopra About Zelle’s Fraud Allegations
Senator Questions CFPB Director Chopra About Zelle’s Fraud Allegations
April 27, 2022  |  Cybersecurity

U.S. Sens. Bob Menendez and Elizabeth Warren sent a letter (Tuesday) April 26 to Zelle’s parent company, Early Warning Services, asking questions about the rise...

READ MORE >
Mastercard, Microsoft Debut Next-Gen ID Tech for Safer Online Shopping
Mastercard, Microsoft Debut Next-Gen ID Tech for Safer Online Shopping
April 25, 2022  |  Digital Identity

Mastercard and Microsoft Corp. have launched a refreshed identity solution designed to improve online shopping and detect digital fraud, the companies announced Monday (April 25)....

READ MORE >
Australia’s CBA Warns of False Crypto Platform Partnership Report
Australia’s CBA Warns of False Crypto Platform Partnership Report
April 19, 2022  |  Cybersecurity

The Commonwealth Bank of Australia (CBA) released a statement on Tuesday (April 19) denouncing claims that the bank was partnering with a cryptocurrency trading platform...

READ MORE >
FTC: Americans Lost $5.8B to Fraud in 2021
FTC: Americans Lost $5.8B to Fraud in 2021
April 04, 2022  |  Cybersecurity

Fraud has become a common concern for consumers, with the Federal Trade Commission (FTC) reporting recently that Americans lost more than $5.8 billion to fraud...

READ MORE >