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: Blockchain Phone ‘Finney’ To Debut In Dec; AriseBank CEO Handed 120-Year Prison Sentence Over $4M Crypto Scam
Bitcoin Daily: Blockchain Phone ‘Finney’ To Debut In Dec; AriseBank CEO Handed 120-Year Prison Sentence...
November 30, 2018  |  Bitcoin

Blockchain startup AriseBank’s CEO is facing up to 120 years in prison for misleading investors in a crypto scam. According to The Next Web, Jared...

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Major Retailers Brace For Gift Card Fraud
Major Retailers Brace For Gift Card Fraud
November 23, 2018  |  Security & Fraud

To counter fraud as the holiday season approaches, Best Buy, Target and Walmart made changes to their gift card programs. The moves were announced by...

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Four In 10 Road Warriors Use Corporate Cards For Personal Items
Four In 10 Road Warriors Use Corporate Cards For Personal Items
November 09, 2018  |  B2B Payments

Corporate cards used for personal gain — no doubt it’s a story familiar to you, as the practice is widespread, according to a recent study...

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SEC Urges Corporate Accounting Changes Amid Rising BEC Scam Threat
SEC Urges Corporate Accounting Changes Amid Rising BEC Scam Threat
October 25, 2018  |  B2B Payments

As U.S. public companies brace for wide-ranging changes to accounting standards, the U.S. Securities and Exchange Commission (SEC) wants corporate accountants and financial executives to...

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Elon Musk Stirs Twitter Pot Again — But This Time, It Won’t Cost $40 Million
Elon Musk Stirs Twitter Pot Again — But This Time, It Won’t Cost $40 Million
October 23, 2018  |  Bitcoin

An Elon Musk message on Twitter – apparently a joke about bitcoin that fell flat – ended up causing the messaging and social media platform to...

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Australia Moves To Standardize eInvoicing
Australia Moves To Standardize eInvoicing
October 22, 2018  |  B2B Payments

Australia and New Zealand are planning to create trans-Tasman standards for electronic invoicing in an effort to save $30 billion over 10 years. Get the...

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CFTC Ups Crypto Regulation In 2018
CFTC Ups Crypto Regulation In 2018
October 08, 2018  |  Regulation

The Commodity Futures Trading Commission (CFTC) reported an increase in enforcement actions in the last fiscal year, partly due to a rise in cryptocurrency cases...

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UK Finance: Invoice Fraud A Threat To Business
UK Finance: Invoice Fraud A Threat To Business
September 28, 2018  |  B2B Payments

Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of millions of pounds...

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Deep Dive: How Retailers Guard Against Cyberattacks
Deep Dive: How Retailers Guard Against Cyberattacks
September 28, 2018  |  Security & Fraud

PYMNTS explores the forces threatening consumer trust in this month’s Digital Identity Tracker™ Deep Dive, including how companies protect themselves while boosting customers’ confidence.

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