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

Meta Files Lawsuit Over Financial Services Phishing Scam
Meta Files Lawsuit Over Financial Services Phishing Scam
February 08, 2022  |  Meta

Meta has teamed with a financial services company to file a joint lawsuit against two Nigerian individuals for engaging in fraudulent activity, according to a...

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FTC Warns Social Media Users About Advertising Scams
FTC Warns Social Media Users About Advertising Scams
February 02, 2022  |  Security & Fraud

Americans reported losing about $770 million to fraud on social media last year, an 18-fold increase from 2017, the Federal Trade Commission (FTC) recently reported....

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Congress Eyes Giving Federal Regulators More Tools to Combat Pandemic-Related Scams, Price Gouging
Congress Eyes Giving Federal Regulators More Tools to Combat Pandemic-Related Scams, Price Gouging
February 02, 2022  |  Security & Fraud

As the world enters the third year of battling COVID-19, lawmakers said regulators must do more to stop price gouging and scams targeting the public...

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FBI Warns of QR Code Cybercrimes
FBI Warns of QR Code Cybercrimes
January 20, 2022  |  Security & Fraud

The FBI is warning the public that cybercriminals have been tampering with Quick Response (QR) codes to redirect victims to malicious sites that steal their...

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Healthcare Breaches Give Fraudsters New Tools for ‘Targeted’ Crowdfunding Scams
Healthcare Breaches Give Fraudsters New Tools for ‘Targeted’ Crowdfunding Scams
January 12, 2022  |  Security & Fraud

It’s well known that fraudsters are nothing if not creative and cunning as they continually seek to prey on the most basic human traits of...

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Binance Under Scrutiny in Alleged $100M Scam in Pakistan
Binance Under Scrutiny in Alleged $100M Scam in Pakistan
January 10, 2022  |  Security & Fraud

The Pakistan Federal Investigation Agency (FIA) has said it wants to talk with cryptocurrency exchange Binance about a scam that has grifted over $100 million...

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Report: Binance Faces Scrutiny as Ponzi Mobile Apps Scam Surfaces
Report: Binance Faces Scrutiny as Ponzi Mobile Apps Scam Surfaces
January 10, 2022  |  Security & Fraud

Binance, a popular cryptocurrency exchange, is under investigation by Pakistan regulators over a multi-million-dollar Ponzi scheme, Dawn reported Friday (Jan. 7). The Federal Investigation Agency’s...

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FBI: People Sharing Phone Numbers Online Could Fall Prey to Scammers
FBI: People Sharing Phone Numbers Online Could Fall Prey to Scammers
January 06, 2022  |  Security & Fraud

The Federal Bureau of Investigation is warning that people who post their phone numbers online as a point of contact when selling goods, or for...

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2021 Crypto Scams Top $7.7B, Fueled by DeFi-Friendly ‘Rug Pulls’
2021 Crypto Scams Top $7.7B, Fueled by DeFi-Friendly ‘Rug Pulls’
December 16, 2021  |  Cryptocurrency

When South Africa-based cryptocurrency exchange Luno discovered that many of its clients were being targeted by a project that promised investors returns so large that...

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