FTC says Americans lost $12.5B to scams last year — social media, AI, and crypto didn’t help
You're not the only one getting voicemails about your car's extended warranty. According to the U.S. Federal Trade Commission ...
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FTC reports sharp rise in consumer fraud losses for 2024; Here’s the top 5 scams
The FTC received 2.6-million fraud reports with $12.5-billion in losses, up from $2.5-billion in 2023. People lost over ...
FTC reverses its request for a delay in an Amazon trial, says it has resources to litigate the case
The Federal Trade Commission has walked back comments that a lack of resources is interfering with the agency’s ability to be ...
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FTC to refund 2.6 million to small businesses, what's the check about?
The Federal Trade Commission (FTC) has announced a significant refund initiative, distributing more than $2.6 million to small businesses impacted by the misleading practices of First American ...
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Fraud Losses Reached $12.5 Billion in 2024: FTC
FTC says reported losses to fraud exceeded $12.5 billion in 2024, with $5.7 billion lost to investment scams. Consumers filed ...
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US Consumers Reported Losing Over $12.5B to Fraudulent Schemes in 2024 – FTC Data
The Federal Trade Commission (FTC) recently revealed that US consumers reported losing more than $12.5 billion to fraudulent ...
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Too Good to Be True: US Fraud Losses Hit $12.5 Billion in 2024, FTC Says
A large chunk of the losses, at $5.7 billion, occurred through investment scams. Email was the most common way scammers ...
Fraud reports surge in Pennsylvania as consumers lost over $285M in 2024
Pennsylvania consumers reported losing a total of $285,404,657 to fraud, with a median loss of $350, the FTC said. It ...
Scammers stole record-breaking $12.5B from Americans in 2024, FTC says
Consumers reported losing more money to scams where they paid with bank transfers or cryptocurrency than all other payment ...
5 Things to Know Before the Stock Market Opens
U.S. stock futures are ticking lower after indexes mostly rebounded yesterday, wholesale pricing data is due today, and Intel ...
FTC asks judge to delay Amazon trial due to resource constraints
The Federal Trade Commission asked a federal judge on Wednesday to delay a trial in a case accusing Amazon of using deceptive practices in its Prime subscription program, citing staffing and ...