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: Securities fraud
It’s ‘never been easier’ to become an online scammer as cybercrime markets flourish, security experts warn
"Looking back to the 1990s and early 2000s, you needed to have a reasonable level of technical competence to pull ...
Malaysia will take ‘necessary action’ if its companies are involved in Nvidia fraud case: Trade minister
Nvidia's headquarters on Feb. 26, 2025, in Santa Clara, California.Justin Sullivan | Getty ImagesMalaysia said it will take "necessary action" ...
Crypto scams likely hit a new record in 2024, driven by ‘pig butchering’ and AI, says Chainalysis
Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimatesBoonchai ...
Zelle payments top $1 trillion in 2024 as network’s growth outpaces rivals including PayPal
The Zelle icon is displayed on a phone screen.Jakub Porzycki | Nurphoto | Getty ImagesZelle, the payments network run by ...
Deutsche Bank shares drop 5% after quarterly profit falls, cost target scrapped
Germany's largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024, ...
CFPB fines Equifax $15 million over errors on credit reports
Elijah Nouvelage/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, ...
Swiss wealth manager Lombard Odier indicted on money laundering charges
A pedestrian walks by the entrance to Lombard Odier in Geneva, Switzerland.Bloomberg | Bloomberg | Getty ImagesLombard Odier — one ...
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023.Smith Collection/gado | Archive Photos | Getty ...
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Leylaynr | E+ | Getty ImagesU.S. and Canadian banks reported a tenfold surge in digital scams this year as criminals ...
