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Crypto scams
Crypto scams
Scams and Consumer Fraud
Huge Spike in Consumer Fraud Losses, New FTC Data Show
Peter Schurmann
-
Mar 13, 2025
US consumers lost $12.5 billion to scammers in 2024, according to new data from the Federal Trade Commission, a 25% increase year-on-year.
Scams and Consumer Fraud
Omaha, a ‘Huge Target for Scammers,’ Fights Back
Peter Schurmann
-
Nov 1, 2024
According to the FTC, there were 9,337 reports of fraud across Nebraska in 2023, with losses totaling $25.2 million.
Scams and Consumer Fraud
FTC Scales Language Barriers to Battle Scammers
Mark Hedin
-
Nov 27, 2023
As of this fall, the FTC's Language Access Initiative will expand its services to include up to a dozen new languages.
Scams and Consumer Fraud
What Payment Methods are Telltale Signs of Scams?
Selen Ozturk
-
Sep 25, 2023
Payment methods that scammers insist you use — like gift cards, cryptocurrency and wire transfer — are telltale signs of scams, says the FTC.
Scams and Consumer Fraud
Scammers Took Consumers for $8.8 Billion in 2022
Peter White
-
Mar 16, 2023
$3.8 billion in investment scams and $2.6 billion in impersonator scams topped the list. Most money lost through bank transfers and crypto currencies.
Scams and Consumer Fraud
Over $1 Billion Lost in Cryptocurrency Scams Since 2021
Jenny Manrique
-
Sep 13, 2022
For many Americans, the promise of hefty returns draws them into cryptocurrency scams that the FTC says have grown into a $1 billion industry.
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