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

BEC Scammers Embrace Coronavirus Opportunity

BEC Scammers Embrace Coronavirus Opportunity
BEC Scammers Embrace Coronavirus Opportunity
April 13, 2020  |  B2B Payments

Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment, Luckin Coffee’s internal accounting fraud investigation, and new...

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BEC Tops Fraud Attempts Against Treasurers: Survey
BEC Tops Fraud Attempts Against Treasurers: Survey
April 07, 2020  |  B2B Payments

The 2020 Association for Financial Professionals (AFP) Payments Fraud and Control Survey underwritten by JPMorgan found that business email compromise (BEC) was the most noted...

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With BEC Scams, Wire Payments Aren’t The Problem
With BEC Scams, Wire Payments Aren’t The Problem
April 06, 2020  |  B2B Payments

While troubling times can showcase humanity’s resiliency, they can also bring out the worst in people. Get the Full Story Complete the form to unlock...

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How Visa And The US Secret Service Are Flattening The COVID-19 Fraud Curve
How Visa And The US Secret Service Are Flattening The COVID-19 Fraud Curve
April 06, 2020  |  Fraud Prevention

Fraudsters don’t get furloughs, they aren’t much for vacationing, and they certainly aren’t above taking advantage of a bad situation. Get the Full Story Complete...

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Coronavirus Scams Trigger Surge In FTC Complaints
Coronavirus Scams Trigger Surge In FTC Complaints
March 31, 2020  |  Coronavirus

The Federal Trade Commission (FTC) reported in a press release that it has received over 7,800 complaints from consumers all relating to the coronavirus pandemic,...

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Fraudsters Request Pre-Payment For Bogus COVID-19 Vaccine
Fraudsters Request Pre-Payment For Bogus COVID-19 Vaccine
March 19, 2020  |  Coronavirus

Phone scammers claiming to be from the Centers for Disease Control and Prevention (CDC) are saying they have a vaccine to cure the coronavirus (COVID-19),...

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European Bank Branches Close, Limit Hours
European Bank Branches Close, Limit Hours
March 16, 2020  |  Coronavirus

The coronavirus could have far-reaching effects on grocery stores, entertainment and banking, while boosting delivery services and identity verification services. Here are the latest updates...

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FBI Details Evolving Sophistication Of BEC Scammers
FBI Details Evolving Sophistication Of BEC Scammers
March 09, 2020  |  B2B Payments

The FBI has once again sounded the alarm on the proliferation of digital fraud like ransomware and the business email compromise (BEC) scam, releasing new...

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