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HomeConsumer Fraud

Consumer Fraud

FBI Warns of Valentine’s Day Romance Scams

According to statistics, romance scams represent one of the largest financial losses compared to other Internet crimes.

What Were Last Year’s Biggest Scams?

On Friday, February 9, the Federal Trade Commission released data showing that nationwide fraud losses topped $10 billion in 2023.

Fighting Car Scams with the CARS Rule

The risk of getting scammed when buying a car — the highest purchase many consumers make short of a house — can be as stressful as the risk of a pile-up commute.

FTC Scales Language Barriers to Battle Scammers

As of this fall, the FTC's Language Access Initiative will expand its services to include up to a dozen new languages.

Don’t Be Fooled: PG&E Warns Customers Not to Fall for Scams

Scammers have fleeced tens of thousands of PG&E customers for millions of dollars in just the past few years, officials say.

What Payment Methods are Telltale Signs of Scams?

Payment methods that scammers insist you use — like gift cards, cryptocurrency and wire transfer — are telltale signs of scams, says the FTC.

As Losses Soar, New Phishing Scams Use Text, AI

Phishing, where scammers use texts and AI to steal passwords, accounts and Social Security numbers, is evolving and intensifying, says the FTC.

‘If You’re Looking for a Job, Scammers are Looking for You!’

A growing network of criminals are using unregulated online portals to lure in job seekers with promises of quick and easy money.

New Currency Exchange Scam Targets Korean Community

There is a growing number of Koreans falling victim to currency exchange scams as a strong dollar lures would-be victims seeking to profit from private traders.

Text Messages Become a Gold Mine for Scammers, FTC Officials Say

Text scams, known as smishing, have been on the rise across the United States, costing victims more than $330 million in 2022, according to the FTC.

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