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

FBI Looks Back At The BEC Scam’s Accelerating Evolution

FBI Looks Back At The BEC Scam’s Accelerating Evolution
FBI Looks Back At The BEC Scam’s Accelerating Evolution
March 29, 2021  |  B2B Payments

In the ever-inflating fight against corporate fraud, criminals continue to explore new avenues to steal company funds. Yet technology providers are innovating quickly, too, to...

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UK Bank Fraud Cases Nearly Doubled In 2020
UK Bank Fraud Cases Nearly Doubled In 2020
March 25, 2021  |  Cybersecurity

Criminals in Great Britain are exploiting people’s COVID-19-related anxiety to carry out an increasing number of online and technology-aided scams. Get the Full Story Complete...

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US Pandemic Scams, Fraud Cost Consumers $382 Million
US Pandemic Scams, Fraud Cost Consumers $382 Million
March 24, 2021  |  Cybersecurity

As COVID-19 stimulus funds continue hitting bank accounts and mailboxes, a new Federal Trade Commission (FTC) report is alerting people to beware of pandemic-related scams,...

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Bitcoin Daily: Abra Users Can Now Take Out Loans On Crypto Collateral; OKEx To Exit South Korea Over New AML Rules
Bitcoin Daily: Abra Users Can Now Take Out Loans On Crypto Collateral; OKEx To Exit...
March 23, 2021  |  Bitcoin

Abra has rolled out Abra Borrow, which will help the company reach its goal of becoming a complete crypto bank, a company blog post stated....

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New FBI Report Details Shifts In Cybercrime And Strategies To Fight It
New FBI Report Details Shifts In Cybercrime And Strategies To Fight It
March 19, 2021  |  Cybersecurity

Everyone has heard of the CIA, and even the U.K.’s MI6. But what about IC3? Or the RAT team? No, they’re not organizations that will...

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Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
March 15, 2021  |  B2B Payments

Criminals are creative, and when it comes to corporate payments, there are a plethora of ways scammers can infiltrate a transaction workflow to steal not...

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Bitcoin Daily: YouTube, Ripple Reach Settlement Over XRP Lawsuit; Bankrupt Crypto Investment Firm Had UK Fugitive Managing Capital
Bitcoin Daily: YouTube, Ripple Reach Settlement Over XRP Lawsuit; Bankrupt Crypto Investment Firm Had UK...
March 10, 2021  |  Bitcoin

YouTube and Ripple have agreed “to work together” after Ripple sued the video company last April for allegedly failing to remove XRP scams from its...

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Cybersecurity Firm Agari Warns Of Email Capital Call, Payroll Scams
Cybersecurity Firm Agari Warns Of Email Capital Call, Payroll Scams
March 03, 2021  |  B2B Payments

Agari unveiled the results of a six-month cybersecurity study, which support claims that email is the most popular conduit used by fraudsters. Get the Full...

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