CONSUMER FIRST ALERT: Investment scams cost victims a lot for promise of a big payout

Consumer First Alert has a warning so you don’t lose money to an investment scam. The BBB Scam Tracker received more than 4,000 reports from people. The median loss rose from $1,000 in 2021 to ... Read More

Scammers Are Stealing Millions From Americans’ Bank Accounts - Consumer Reports

Of those, 19 percent reported losing money as a result. Today, scammers—usually working in small teams, each with a specific job, and often operating overseas—are employing increasingly ... Read More

Trolling Scammers Trend Could Be 'Dangerous' - Newsweek

Americans lose billions of dollars each year to scammers. Newsweek spoke to five experts about the new trend of trolling scam callers. Read More

Consumer Alert: Sophisticated job scam uses a fake bitcoin mining website - WHEC.com - News10NBC

ROCHESTER, N.Y. – The promise of a dream job is costing Americans millions. According to the FTC, in just 2022, people reported losing $367 million to job scams. I reached out to one of those ... Read More

Truth Social Users Are Losing Ridiculous Sums of Money to Scams - Gizmodo

Another person in their 60s said they lost $500,000 to scammers on Truth Social and seemed to think there might be a way they could get their money back, telling the FTC, “After I pay this they ... Read More

The top scams targeting you as we head into 2025 - WCPO 9 News

"He said you need to take your money out and transfer it and put it into another bank,” Taylor said. She transferred almost $10,000 onto a prepaid debit card and gave the caller the new card number. Read More

Scammers ramp up during the holidays: How to protect yourself.

Consumers lose billions to scammers each year. A recent report from the Global Anti-Scam Alliance said scammers had bilked $1.03 trillion from victims worldwide – a number the alliance said is ... Read More

Consumer Alert: Scammers flood social media with fake Gorilla Cart giveaways - WHEC.com - News10NBC

If you see an ad on social media offering a pricey utility cart for just $10, be warned: it’s a scam that could cost you big money.The scammers claim stores are practically giving away Gorilla ... Read More

Black and Latino Consumers Are More Likely to Lose Money to Digital Scams, a Consumer Reports Study Finds

In particular, a 2021 FTC report, “Serving Communities of Color” (PDF), notes that members of predominantly Black and Latino communities who reported scams are more likely than those in white ... Read More