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

Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes Stablecoin Cross-Border Platforms
Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes...
September 06, 2022  |  Cryptocurrency

Multichain decentralized finance (DeFi) platform Kyber Network has said it’s removed an attack vector used in an exploit that saw $265,000 stolen on Sept. 1,...

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FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
August 26, 2022  |  Security & Fraud

The federal government’s plan to forgive some student loans isn’t up and running yet, but it’s certainly been getting a lot of coverage in the...

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Today in Crypto: Celsius Can Operate Through 2022, CFO Says; ‘Pig Butchering’ Scammers Fatten Up Victims
Today in Crypto: Celsius Can Operate Through 2022, CFO Says; ‘Pig Butchering’ Scammers Fatten Up...
August 21, 2022  |  Cryptocurrency

Stocks related to crypto were down Friday (Aug. 19), with bitcoin losing momentum and falling below $22,000 due to bigger fears in the economy. Get...

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Authorized Push Payment Fraud Is Fastest Growing Scam for One Good Reason
Authorized Push Payment Fraud Is Fastest Growing Scam for One Good Reason
August 17, 2022  |  Security & Fraud

The financial services industry has done a good job safeguarding consumers from third-party fraud — that age-old ruse in which bad actors steal personal information,...

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CFPB Wants Banks to Pay Back Victims Scammed Using Zelle, Other P2P Services
CFPB Wants Banks to Pay Back Victims Scammed Using Zelle, Other P2P Services
July 19, 2022  |  CFPB

Victims of scams involving Zelle and other peer-to-peer (P2P) money transfer services could be getting new assistance from the Consumer Financial Protection Bureau (CFPB) by...

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FBI: Businesses Lose $43B to Email Fraud
FBI: Businesses Lose $43B to Email Fraud
July 13, 2022  |  Security & Fraud

Fraudsters have an extensive arsenal of methods when it comes to scamming businesses. Get the Full Story Complete the form to unlock this article and...

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Ukraine Cyber Police Thwart $3M Phishing Campaign
Ukraine Cyber Police Thwart $3M Phishing Campaign
July 05, 2022  |  Cybersecurity

Nine people were arrested following the interception of a European Union payments phishing campaign that allegedly defrauded over 5,000 citizens of Ukraine of more than...

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Class-Action Lawsuit Dropped Against Wells Fargo, Zelle
Class-Action Lawsuit Dropped Against Wells Fargo, Zelle
June 29, 2022  |  Security & Fraud

A class-action lawsuit launched against banking giant Wells Fargo and digital payments network Zelle was dropped, Law360 reported. Get the Full Story Complete the form...

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Santander: ‘Celebrity-Endorsed’ Crypto Scams in UK Could Double
Santander: ‘Celebrity-Endorsed’ Crypto Scams in UK Could Double
June 28, 2022  |  Security & Fraud

Banco Santander is warning customers in the United Kingdom that celebrity-endorsed cryptocurrency scams are on track to nearly double this year. Get the Full Story...

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