Stay informed about emerging scams, enforcement actions, and recovery success stories from around the world.
A sophisticated operation created fake cryptocurrency exchanges that appeared nearly identical to legitimate platforms, stealing over $200 million from investors worldwide before being shut down.
Read Full Story →The Federal Trade Commission has dismantled an international tech support scam operation that bilked consumers out of more than $100 million through fake computer virus warnings.
Read Full Story →International law enforcement collaboration has resulted in the recovery of $45 million for victims of online romance scams, with more funds expected to be returned in coming months.
Read Full Story →Scammers are using AI voice cloning technology to impersonate family members in distress calls, with reported cases increasing 500% in the past year according to the FTC.
Read Full Story →The Securities and Exchange Commission has charged a cryptocurrency company and its founders with orchestrating a $300 million fraud that promised unrealistic returns to investors.
Read Full Story →A new wave of fake job postings on legitimate employment sites is tricking applicants into providing personal information and even paying for fake background checks.
Read Full Story →These scams are seeing significant increases in reports this month
Scammers promise to multiply money sent to them through CashApp or other payment platforms.
Fraudsters post fake rental listings and collect deposits for properties they don't own.
Callers claim to be from Medicare and request payment for new cards.
Text messages pretending to be from banks about suspicious activity.