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

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. In fact, taking advantage and...

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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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As Virus Spreads, So Do Fraudsters – And The Data To Battle Them
As Virus Spreads, So Do Fraudsters – And The Data To Battle Them
March 06, 2020  |  Security & Fraud

This week in payments can be summed up, of course, in one word: Coronavirus, of course. The headlines fly fast and furious, and new cases...

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Online Retailers Scramble To Fight Coronavirus Scams
Online Retailers Scramble To Fight Coronavirus Scams
March 04, 2020  |  Security & Fraud

Online retailers have to be wary of scams centering around the deadly coronavirus as it now makes its way across the world. Amazon has removed...

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Love: There’s An App For That
Love: There’s An App For That
February 14, 2020  |  Mobile Applications

Today (Feb. 14) is Valentine’s Day, the official day we collectively celebrate love in all its glories. Couples will go out, and dedicated singles will...

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The Cost Of Love: FTC Data Shows Over $200M Lost To Romance Scams In 2019
The Cost Of Love: FTC Data Shows Over $200M Lost To Romance Scams In 2019
February 13, 2020  |  Safety and Security

Consumers reported losing $201 million to romance scams last year — an almost 40 percent increase since 2018 per new U.S. Federal Trade Commission data...

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