Older Americans continued to lose billions of dollars to fraud in 2024, with scams increasingly exploiting trust, urgency and new technologies. The Federal Trade Commission said impostor scams, ...
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Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment scams—often tied to social media pitches—drove the biggest losses, while phone ...
A report by Chainalysis released Thursday estimated that cryptocurrency scams amounted to $9.9 billion in 2024, with that figure likely to be revised higher. Revenue from "pig butchering," a type of ...
Banks reported slightly more instances of fraud in 2024 compared to 2023, and consumers reported slightly fewer instances of scams. However, scams became costlier as criminals extracted more funds ...
Scammers are playing the long game. That's one of the key takeaways in the Better Business Bureau's new risk report, which analyzes reports made to its scam tracker in 2024 and determines which are ...
News 8 On Your Side consumer investigator Brian Roche has put together a list of the top five scams of 2024. In the videos below, he explains how they work and how you can avoid becoming a victim.
Americans age 60 and older are reporting being victims of imposter scams in increasing numbers, according to the Federal Trade Commission. They sometimes lose all the savings held in a bank account or ...
Colleges in Canada have remained on alert since Ontario Ministry of Colleges & Universities disqualified students at 5 pvt ...