Americans lost $5.7 billion to investment scams in 2024, FTC says. Here’s how to protect yourself
South_agency | E+ | Getty ImagesConsumers lost $5.7 billion to investment scams in 2024 — more than in any other ...
Tag: Fraud and false statements
Behind the scenes with the team of ex-prosecutors fighting Amazon’s counterfeit problem
In 2018, police showed up at a nondescript industrial warehouse in New York's Brooklyn Navy Yard to investigate reported counterfeits. Federal ...
How scammers convince Americans to drain their life savings into crypto fraud schemes
More and more Americans are losing thousands of dollars to a scheme that takes fraudsters weeks or months to pull ...
From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance.Mike Segar ...
Data center provider Equinix ‘selling an AI pipe dream,’ Hindenburg Research says in short report
Charles J. Meyers, president and CEO of Equinix, poses in his office in Redwood City, Calif., Dec. 18, 2018.Nhat V. ...
How to avoid the top scam of 2023: The internet has ‘really supercharged’ it, expert says
Vasily Pindyurin | fStop | Getty ImagesConsumers lost a record $10 billion to fraud in 2023, and imposter scams were ...
As online romance scams rise, banks ask for help to save victims billions
The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis ...
Investors in Airbnb arbitrage business allege they were defrauded in scheme promising ‘higher returns than the stock market’
Illustration by Elham AtaeiazarDaryn Carr is no stranger to side hustles. After his mom died from Covid in 2020, he ...
FBI: ‘Financial sextortion’ of teens is a ‘rapidly escalating threat.’ How parents can protect their kids
Cavan Images | Cavan | Getty Images"Financial sextortion," a type of cybercrime that targets teens and tweens, is on the ...
Four men indicted in $80 million ‘pig butchering’ scheme
Las Vegas Review-journal | Tribune News Service | Getty ImagesFederal prosecutors have disrupted a so-called pig-butchering scheme that cost victims ...
