This video shows you how to report scams, fraud, and bad business practices to the Federal Trade Commission at https://ReportFraud.ftc.gov and why it’s important to do it.
A form of fraud in which a scam artist sends an email (or places a phone call) purporting to be from the recipient's bank, internet service provider, or other trusted source and asking for personal information such as credit card or bank account numbers, passwords, or Social Security numbers.
Phishing Scams and How to Spot Them Phishing is a type of online scam that targets consumers by sending them an e-mail that appears to be from a well-known source – an internet service provider, a bank, or a mortgage company, for example. It asks the consumer to provide personal identifying information.
Reports to the FTC show a growing wave of scams aimed squarely at retirees’ life savings. These scammers pretend to be from known and trusted government agencies and businesses.
It’s hard not to glance at your phone when you hear the ding of an incoming text. Scammers bet on it. And reports to the FTC’s Consumer Sentinel Network suggest their odds of a big payout have improved: reported losses to text scams have skyrocketed even as the number of reports declined. In 2024, people reported $470 million in losses to these scams, more than five times the 2020 number ...
The Commission will continue to stop such illegal and unethical conduct.” The Accelerated Debt defendants, acting as a common enterprise, operated a debt relief scam that took in an estimated $100 million, primarily targeting older consumers, some of whom are veterans, according to the complaint.
The FTC just issued its 2023 Consumer Sentinel Network Data Book jam-packed with facts about the kind of scams consumers have reported to us. Has the reported dollar amount lost to fraud gone up or down this year? And what are the most frequently reported scams? At this point you may ask, “I run a lawful business. Why should it matter to me?” Two reasons. First, scammers have you, your ...
New analysis from the Federal Trade Commission shows a more than four-fold increase since 2020 in reports from older adults who say they lost $10,000 or more—sometimes their entire life savings—to
