FTC says Americans lost $12.5B to scams last year — social media, AI, and crypto didn’t help
You're not the only one getting voicemails about your car's extended warranty. According to the U.S. Federal Trade Commission ...
WWLP Springfield on MSN3d
FTC reports sharp rise in consumer fraud losses for 2024; Here’s the top 5 scams
The FTC received 2.6-million fraud reports with $12.5-billion in losses, up from $2.5-billion in 2023. People lost over ...
FTC reverses its request for a delay in an Amazon trial, says it has resources to litigate the case
A lawyer for the Federal Trade Commission has walked back his comments about a lack of resources and staff turnover ...
$12.5 billion lost to fraud in 2024; top scams revealed
The FTC reports a record $12.5 billion lost to scams in 2024, with investment fraud, job scams, and debt relief fraud topping ...
SecurityWeek1d
Fraud Losses Reached $12.5 Billion in 2024: FTC
FTC says reported losses to fraud exceeded $12.5 billion in 2024, with $5.7 billion lost to investment scams. Consumers filed ...
Scammers stole record-breaking $12.5B from Americans in 2024, FTC says
Consumers reported losing more money to scams where they paid with bank transfers or cryptocurrency than all other payment ...
PCMag on MSN3d
Too Good to Be True: US Fraud Losses Hit $12.5 Billion in 2024, FTC Says
A large chunk of the losses, at $5.7 billion, occurred through investment scams. Email was the most common way scammers ...
Don't click on those road toll texts. Officials issue warnings about the smishing scam
State officials are warning Americans not to respond to a surge of scam road toll collection texts. The texts impersonating state road toll collection agencies attempt to get phone users to reveal ...
Crowdfund Insider1d
US Consumers Reported Losing Over $12.5B to Fraudulent Schemes in 2024 – FTC Data
The Federal Trade Commission (FTC) recently revealed that US consumers reported losing more than $12.5 billion to fraudulent ...
FTC asks judge to delay Amazon trial due to resource constraints
The Federal Trade Commission asked a federal judge on Wednesday to delay a trial in a case accusing Amazon of using deceptive practices in its Prime subscription program, citing staffing and ...
JD Supra3d
FTC Launches Joint Task Force to Investigate and Prosecute Non-Compete Agreements, as FTC Chairman declares the GOP a “Workers’ Party”
As Republicans regain control of the Federal Trade Commission (“FTC”) under the Trump-Vance Administration, employers that ...
FTC Seeks More Info on Omnicom, Interpublic Deal
Federal regulators are taking a closer look at Omnicom Group’s proposed $13 billion acquisition of advertising giant Interpublic Group. Omnicom on Thursday said both companies have received requests ...