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

Banks Harness AI as Weapon Against Rising Tide of Tech-Fueled Fraud
Banks Harness AI as Weapon Against Rising Tide of Tech-Fueled Fraud
November 28, 2023  |  Artificial Intelligence

For banks, artificial intelligence is both foe and friend in the eternal battle against fraud. Get the Full Story Complete the form to unlock this...

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FinCEN Alerts Financial Institutions About Ongoing ERC-Related Fraud Schemes
FinCEN Alerts Financial Institutions About Ongoing ERC-Related Fraud Schemes
November 22, 2023  |  Security & Fraud

Fraud related to COVID-19 relief programs continues to occur “at a concerning scale.” Get the Full Story Complete the form to unlock this article and...

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Feds Seize $9 Million in Crypto ‘Pig Butchering’ Scam Probe
Feds Seize $9 Million in Crypto ‘Pig Butchering’ Scam Probe
November 21, 2023  |  Cryptocurrency

Federal authorities have seized almost $9 million in cryptocurrency tied to a scam ring. Get the Full Story Complete the form to unlock this article...

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Zelle Network Banks Begin Reimbursing Imposter Scam Victims
Zelle Network Banks Begin Reimbursing Imposter Scam Victims
November 13, 2023  |  Banking

Banks that use payment app Zelle have reportedly started refunding customers victimized in imposter scams. Get the Full Story Complete the form to unlock this article and...

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Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
November 10, 2023  |  Legal

A man was sentenced to nearly 16 years in prison for orchestrating a fraud related to Alibaba’s 2014 initial public offering (IPO). Get the Full...

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Crypto and the Credit Union Innovation Playbook
Crypto and the Credit Union Innovation Playbook
November 06, 2023  |  Credit Unions

A growing number of consumers are interested in cryptocurrencies, and most know what they are. Get the Full Story Complete the form to unlock this...

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White House Plans AI Safety Institute and Anti-Fraud Program
White House Plans AI Safety Institute and Anti-Fraud Program
November 01, 2023  |  artificial intelligence

The U.S. is set to unveil several new proposals to govern artificial intelligence (AI). Get the Full Story Complete the form to unlock this article...

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Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
October 31, 2023  |  Fraud Prevention

They have different business models — but often compete for the same customers. Get the Full Story Complete the form to unlock this article and...

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FTC to Require Non-Banking Financial Institutions to Report Data Breaches
FTC to Require Non-Banking Financial Institutions to Report Data Breaches
October 27, 2023  |  Regulation

The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. Get the Full Story Complete the form to unlock this article...

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