PYMNTS-MonitorEdge-May-2024

Internet Crime Complaint Center

FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
September 09, 2024  |  Security & Fraud

The number of cryptocurrency-related complaints accounted for 10% of all financial fraud complaints but 50% of the total losses in 2023. That is due in...

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Complaints of Fraud Targeting Older Americans Rose 14% in 2023
Complaints of Fraud Targeting Older Americans Rose 14% in 2023
May 01, 2024  |  Security & Fraud

Fraud targeting older Americans’ money or cryptocurrency increased by double-digit percentages in 2023. The number of complaints of elder fraud increased by 14% during the...

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Internet Crime Center Issues Warning About New Texting Scam
Internet Crime Center Issues Warning About New Texting Scam
April 15, 2022  |  Security & Fraud

The U.S. Internet Crime Complaint Center, also known as IC3, is warning the public about a cybersecurity scam that tricks people into transferring funds in...

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