How phone scammers tricked Americans out of tens of billions of dollars each year Scams that started on social media resulted in people reporting losing $1.2 billion. Additionally, there were more than 1.1 million reports ofidentity theftin 2022. How to avoid falling victim to fraud Here are s...
The FTC offered these tips for consumers to protect their wallets against scammers. Stop and think before you pay someone you don't know, especially if they're creating a false sense of urgency. "Anyone who's rushing you into sending money, buying gift cards, or investing in cryptocurrency...
Unfortunately, ethical actors like Amazon have also needed to contend with unethical scammers and other unsavory characters. To combat deceptive advertising online, the FTC published guidelines on endorsements. As originally published, these guidelines assumed something relatively similar to the celebrity ...
“Scammers are preying on the unemployment and anxiety arising from the pandemic by making false promises of big income working from home,” said former FTC lawyer Andrew Smith, former Director of the FTC’s Bureau of Consumer Protection. In addition to previously announced...
The malicious QR codes sometimes lead to phony websites that mimic legitimate sites. If you log in to the spoofed site, scammers can steal any information you turn over. Other times, scanning the QR code itself automatically installs malware on your device, the FTC said. ...
Are scam calls down or have people stopped reporting them? FTC: "Reports of Unwanted Telemarketing Calls Down More Than 50 Percent Since 2021" https://www.ftc.gov/news-events/news/press-releases/2024/11/reports-unwanted-telemarketing-calls-down-more-50-percent-2021 ...
Because the government has passed legislation offering various kinds of financial relief to consumers, some scammers are trying to take undue advantage of that, too. In one effort to combat this type of crime, the Small Business Administration is asking people to contact them directly, either by...
These companies claim to take the issue seriously, with Amazon reporting that it blocked over 200 million suspected fake reviews in 2022 and Yelp labeling 19 percent of reviews as “not recommended.” Recently, Google filed a lawsuit against an individual and a company for posting 350 fraudulent...
The scam artists lure would-be entrepreneurs with false promises of big earnings for little effort. They pitch their fraudulent offerings on the Web; in e-mail solicitations; through infomercials, classified ads and newspaper and magazine "advertorials"; and in flyers, telemarketing pitches, semina...
C) They don't care because they make more money from the scam than what they would lose in a court case D) They care but they are afraid of the mighty Aaron creating enough noise if they erase the video. By the way FTC will never have enough budget or manpower to hunt down enoug...