Banks reported slightly more instances of fraud in 2024 compared to 2023, and consumers reported slightly fewer instances of scams. However, scams became costlier as criminals extracted more funds ...

Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment scams—often tied to social m ...

The FTC reports a record $12.5 billion lost to scams in 2024, with investment fraud, job scams, and debt relief fraud topping the list. The FTC reports a record $12.5 billion lost to scams in 2024, ...

Scammers are playing the long game. That's one of the key takeaways in the Better Business Bureau's new risk report, which analyzes reports made to its scam tracker in 2024 and determines which are ...

One disturbing scam involves crooks who impersonate officials to convince consumers that they must withdraw money from ...