All Scams - Federal Trade Commission
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Federal Trade Commission Warns of Scammers Pretending to be …
Mar 19, 2024 · The Federal Trade Commission is warning the public that scammers are pretending to be affiliated with the FTC to steal consumers’ hard-earned money. The FTC will never tell consumers to move their money to “protect” it. The FTC will never send consumers to a Bitcoin ATM, tell them to go buy gold bars, or demand they withdraw cash and take ...
Phishing Scams - Federal Trade Commission
1 day ago · 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. Then a scammer uses the information to ...
Who experiences scams? A story for all ages - Federal Trade …
Dec 8, 2022 · For Gen Z young adults and younger Millennials (ages 18-29), reports suggest social media plays an even larger role – nearly 40% of 2021 fraud loss reports by this age group were to frauds originating on social media. Scams that start with a phone call also show big age differences: in 2021, 24% of older adults who reported losing money to a ...
Debt Relief and Credit Repair Scams - Federal Trade Commission
Aug 5, 2024 · FTC Sends More than $3.3 Million to Consumers Harmed by Student Loan Debt Relief Scam June 14, 2023. FTC Sends More Than $557,000 to Consumers Harmed by Credit Card Interest Rate Reduction Scam May 22, 2023. FTC Stops Student Loan Debt Relief Schemes that it Says Bilked Students Out of Millions May 8, 2023. FTC Lawsuit Leads to Permanent Ban ...
As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up ...
“The FTC is working hard to take action against those scams." The FTC received fraud reports from 2.6 million consumers last year, nearly the same amount as 2022. The most commonly reported scam category was imposter scams, which saw significant increases in reports of both business and government impersonators.
FTC Announces New Fraud Reporting Platform for Consumers: …
Oct 22, 2020 · The Federal Trade Commission has launched a new website, ReportFraud.ftc.gov, where consumers can easily report fraud and all other consumer issues directly to the FTC. At ReportFraud.ftc.gov, consumers will find a streamlined and user-friendly way to submit reports to the FTC about scams, frauds, and bad business practices.
Scams and Your Small Business: A Guide for Business
For more advice on protecting your organization from scams, visit ftc.gov/SmallBusiness. Stay connected with the FTC by subscribing to the FTC’s Business Blog at ftc.gov/subscribe. Report. If you spot a scam, report it to ReportFraud.ftc.gov. Your report can help stop the scam. Alert your state Attorney General.
FTC Announces CARS Rule to Fight Scams in Vehicle Shopping
Dec 12, 2023 · Payments and Billing. The Federal Trade Commission has finalized a new rule to fight two common types of illegal tactics consumers face when buying a car: bait-and-switch tactics and hidden junk fees. The new rule is expected to save consumers nationwide more than $3.4 billion and an estimated 72 million hours each year shopping for vehicles.
Impersonation scams: not what they used to be
Apr 1, 2024 · Scams that impersonate well-known businesses and government agencies are consistently among the top frauds reported to the FTC’s Consumer Sentinel Network. [1] In 2023, data from the FTC alone show more than 330,000 reports of business impersonation scams and nearly 160,000 reports of government impersonation scams. [2]