Who’s who in scams: a spring roundup - Federal Trade Commission
May 24, 2024 · People most frequently named Facebook and Instagram in these reports, [6] and most often reported online shopping scams that started with ads on social media. However, …
FTC Data Shows Major Increases in Cash Payments to Government ...
Jun 14, 2024 · In just the first quarter of 2024, consumers have reported losing $20 million to government impersonation scams when paying with cash. “The impact of government …
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 …
Phishing Scams - Federal Trade Commission
Nov 21, 2024 · It asks the consumer to provide personal identifying information. Then a scammer uses the information to open new accounts, or invade the consumer’s existing accounts. There …
New FTC Data Show Consumers Reported Losing Nearly $8.8 …
Consumers reported losing more money to investment scams—more than $3.8 billion—than any other category in 2022. That amount more than doubles the amount reported lost in 2021. The …
Social media a gold mine for scammers in 2021
Jan 25, 2022 · After investment scams, FTC data point to romance scams as the second most profitable fraud on social media. Losses to romance scams have climbed to record highs in …
Romance scammers’ favorite lies exposed - Federal Trade …
Talk to friends or family about a new love interest and pay attention if they’re concerned. Try a reverse image search of profile pictures. If the details don’t match up, it’s a scam. Help stop …
FTC Data Shows Consumers Report Losing $2.7 Billion to Social …
Oct 6, 2023 · New data from the Federal Trade Commission shows that scams originating on social media have accounted for $2.7 billion in reported losses since 2021, more than any …
FTC Announces Impersonation Rule Goes into Effect Today
Apr 1, 2024 · As the Federal Trade Commission’s new rule on government and business impersonation goes into effect today, the agency is highlighting new data on the most common …
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 …