September 3, 2024 at 04:42PM The FTC reported a significant increase in losses from Bitcoin ATM scams, reaching over $110 million in 2023 and $65 million in the first half of 2024 for Americans. Scammers impersonate authorities to convince victims to deposit cash, with consumers aged 60 and older being more vulnerable. The FTC provided … Read more
June 12, 2024 at 02:05PM Criminals are using phone calls to deceive victims into transferring money by impersonating government employees, including those at the Cybersecurity and Infrastructure Security Agency (CISA). The agency issued a warning and emphasized that its staff would never request money or secrecy. Tips were shared to avoid falling victim, including validating … Read more
March 19, 2024 at 03:19PM The FTC warns of scammers posing as its employees to deceive consumers into transferring money, resulting in a median loss of $7,000. Guidelines for identifying these fraudulent activities have been issued, with consumers urged to report any scams. The FBI also provides tips to defend against such scams, as online … Read more