#ScamPreventionTips

Crypto scammers circle back, pose as lawyers, steal an extra $10M in truly devious plan

by

June 25, 2024 at 02:33PM The FBI reported that scammers posing as helpful lawyers defrauded victims of approximately $10 million in crypto scams within a year. These scammers prey on the vulnerable, claiming to recover lost tokens for a fee, and even impersonate government agencies. Beware of cryptocurrency recovery services and report such scams to … Read more

FTC: Americans lost $1.1 billion to impersonation scams in 2023

by

April 1, 2024 at 12:45PM Impersonation scams in the U.S. saw $1.1 billion in losses last year, a three-fold increase from 2020, says the FTC. Of 490,000 reported scams in 2023, 330,000 were business impersonations. Scams are mostly conducted through phone, email, and text, with blurred lines between business and government impersonation. The FTC highlights … Read more