Adults aged 60 and older were more likely to report extraordinarily high losses. An 18-year-old consumer in Michigan lost $4,800 this summer to a 'transfer it to protect it' scam after receiving an ...
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Impersonation scams now 4 times more common than in 2020, FTC data shows — watch out for these 3 costly lies
An impersonation scam, or imposter scam, is when a criminal pretends to be someone they aren't to get access to your money or financial information. A new Federal Trade Commission (FTC) report ...
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Senators want FTC, SEC investigation into Meta making billions on scam ads
A Reuters report, citing internal Meta documents, found that the company knowingly makes billions of dollars from scam ...
A new report found that romance scams targeting older Americans have increased significantly during the COVID-19 pandemic, with adults aged 60 and higher losing about $139 million in 2020 -- the ...
WASHINGTON -- Love is blind -- and scammers are taking advantage of that. Americans lost more than $201 million to romance scams in 2019, up 40% from 2018, according to a new Federal Trade Commission ...
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