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: Australian Crypto Fraudsters Racked Up $4.3M In 2018; Regs Tells Finland Crypto Companies To Register

Bitcoin Daily: Australian Crypto Fraudsters Racked Up $4.3M In 2018; Regs Tells Finland Crypto Companies To Register
Bitcoin Daily: Australian Crypto Fraudsters Racked Up $4.3M In 2018; Regs Tells Finland Crypto Companies...
April 30, 2019  |  Bitcoin

Billionaire Michael Novogratz’s cryptocurrency investment firm lost $272.7 million during its first year of operations. Get the Full Story Complete the form to unlock this...

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FBI: BEC Scams Stole $1.2B In 2018
FBI: BEC Scams Stole $1.2B In 2018
April 26, 2019  |  B2B Payments

BEC scams are proving lucrative, according to recent FBI reports, which found that the bad guys’ haul doubled in 2018 over 2017. Separately, in Ireland, students...

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Alexa, Stolen Fingerprints And The Rest Of The Week’s News
Alexa, Stolen Fingerprints And The Rest Of The Week’s News
April 12, 2019  |  News

It’s the end of a busy week, one full of news about payments and commerce. We here at PYMNTS are as excited about the weekend...

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UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
April 05, 2019  |  B2B Payments

 In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to that sentiment, while...

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New Cyberattacks Surface To Steal Corporate Funds
New Cyberattacks Surface To Steal Corporate Funds
April 04, 2019  |  B2B Payments

The threat of cyberattacks continues to grow, and small businesses (SMBs) are caught in the crosshairs. Get the Full Story Complete the form to unlock...

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UK Businesses Lost £93M Last Year Due To Invoice Fraud
UK Businesses Lost £93M Last Year Due To Invoice Fraud
March 25, 2019  |  B2B Payments

A new report has revealed that invoice fraud cost U.K. businesses £93 million ($122.8M USD) last year. But despite the losses, more than four in...

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Report: BEC Fraud Increasingly Goes Mobile
Report: BEC Fraud Increasingly Goes Mobile
March 21, 2019  |  Cybersecurity

The wiles and ways of scammers to part businesses from their money continue to proliferate, and continue to use technology as a springboard to trick...

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Report: One In Seven UK SMBs Hit By Invoice Fraud
Report: One In Seven UK SMBs Hit By Invoice Fraud
March 15, 2019  |  B2B Payments

In the UK, invoice scams are still gaining traction, and significantly so among smaller firms, according to Barclays.  Elsewhere, in North America, finds another study,...

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