News

Impersonation scams are now 4 times more common than they were in 2020, says FTC data — here are 3 lies being used to swindle seniors out of thousands

A new Federal Trade Commission (FTC) report highlights just how widespread impersonation scams have become.
Yahoo

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 report from the Federal Trade Commission (FTC ...

FTC sees surge in losses from 'transfer it to protect it' money scams

Data shows a more than four-fold increase, from 2020 through 2024, in reports from older adults who say they lost $10,000 or more. Many lost $100,000.

6 Scams Targeting Your Wallet and How To Protect Your Money, According to Fidelity

Last year, Americans reported losing more than $12.5 billion to fraud. The biggest losses resulted from scams that started ...
Business Record

Report: Iowans lost $52 million to financial fraud in 2024

Financial fraud cases in Iowa increased 6% between 2022 and 2024, according to the state’s Department of Public Safety.
The Southern Maryland Chronicle on MSN

Temu to Pay $2 Million in First FTC Enforcement of INFORM Act

Whaleco Inc., operator of the online marketplace Temu, has agreed to pay $2 million to settle allegations from the Federal ...
CNN

Government says four cancer charities are shams

In a rare joint action with attorneys general for each of the 50 states, the Federal Trade Commission says four cancer charities ... “Most of what we are doing is bringing actions against fraud,” says ...