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How scammers convince Americans to drain their life savings into crypto fraud schemes
Cryptocurrencies have become a major tool in “pig butchering” scams, where fraudsters flatter their victims over weeks or months.
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Romance scams cost consumers $1.14 billion last year. It's a ‘more insidious' fraud, expert says
Cyber criminals are tapping into wealth accounts through human connection. Here’s how to spot it and cut ties as soon as you can.
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Fake federal agent arrested for trying to scam Maryland senior into handing over life's savings in gold bars: police
A man posing as a federal agent was arrested after trying to con a Montgomery County senior citizen into converting his retirement savings into gold bars.
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Man lost $21,000 in SIM swap scam. Here's how to protect yourself
Crooks hijacked a man’s cellphone number and then stole money from his bank account using two-factor authentication.
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Ads for a popular online ‘side hustle' course are misleading, customers say
Legendary Marketer’s fine print says it isn’t a “get rich quick” program, but some who took the classes say they were sold on the prospect of fast and easy money.
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FTC to send $4.1 million to over 27,000 borrowers defrauded by student loan forgiveness scams
The Federal Trade Commission is sending $4.1 million to 27,584 consumers who were defrauded by a student debt relief scam.
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Last-minute holiday shopping is ‘one of the keys to success for crooks,' expert says. How to stay safe
Taking these steps can help ensure you don’t become a fraud victim as you check off those last-minute holiday gifts on your list.
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How to talk to older people in your life about scams
Last year, consumers lost $8.8 billion to scammers, and the Federal Trade Commission says older adults lost the most money compared to other age groups.
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What is ‘quishing'?
Cybersecurity experts have warned Americans against hacking, phishing, now quishing schemes. Here’s what you need to know about the latest tactic scammers use to steal your information.
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How this 77-year-old widow lost $661,000 in a common tech scam: ‘I realized I had been defrauded of everything'
Marjorie Bloom, a retiree, lost her life savings in a “tech support” scam involving cryptocurrency. These frauds, which target older adults, are on the rise.
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Horror vacation? How to avoid fraud when planning your next trip
Tourism is a multi-billion dollar industry and criminals want their share. Here’s how not to risk falling into their clutches.
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Chicago area code named worst for scam calls in Illinois
While scam calls and texts irritate thousands across the state and country on a seemingly constant basis, one area code in Illinois is more responsible for scam messages than others.
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Man kills wife and sons before trying to take his own life after falling prey to online scam in Thailand
At least 11 people are suspected to be involved with a loan scam that allegedly drove a man to kill his wife and two young boys before trying to take his own life in their family home, Thai police said Wednesday.
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How to apply for jobs online without falling for scams
Navigating the job application process can be stressful, and dealing with job scams makes it worse. Follow these online job search tips to protect your information and find real opportunities.
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OK, Zoomer: Teens fall for online scams at faster rate than seniors, older victims lose more money
From 2017 to 2022, no age group fell for online scams at a quicker rate than people age 20 or younger, according to a study.
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‘Despicable' funeral home scam preys on grieving family members
“If there was a Scammers Hall of Shame, this one would make the Top 10 List, without question,” the Federal Trade Commission said.
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People are losing more money to scammers than ever before. Here's how to keep yourself safe
Business for scammers is booming. The most recent Federal Trade Commission data from 2022 shows that reported consumer losses to fraud totaled $8.8 billion. That’s a 30 percent increase from 2021. The biggest losses were to investment scams, including cryptocurrency schemes, which cost people more than $3.8 billion. Younger adults ages 20-29 reported losing money more often than older adults...
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Parents be warned: scammers out in full force as students prepare to head back to school
With back-to-school shopping underway, the Better Business Bureau is warning parents about scammers and imposters, banking on families looking for school supply deals.
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IRS warns of new ‘unclaimed refund' scam through the mail
The IRS is warning taxpayers about a new scam tricking people into believing they are owed a refund.
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‘Trump Bucks' Promise Wealth for MAGA Loyalty. Some Lose Thousands
The products are advertised online as a kind of golden ticket that will help propel Trump’s 2024 bid and make the “real patriots” who support him rich when cashed in.