At the request of the Federal Trade Commission, a federal court has temporarily shut down two massive telemarketing operations that allegedly conned tens of thousands of consumers out of more than ...

Tech-support scams cost consumers hundreds of millions of dollars annually. Seniors are particular targets of the crooks, sometimes losing their life savings. The scam often starts with a call, email, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The firm will also be permanently banned from processing ...

Sally Arzella Moser at her home on July 2, 2018, in Hayward, Calif. Moser was victimized in a tech-support scam. (Aric Crabb/Bay Area News Group/TNS) Sally Arzella Moser at her home on July 2, 2018, ...

The Federal Trade Commission has reached a settlement with U.K.-based payment processor Paddle.com Market Limited and its U.S. subsidiary, Paddle.com, Inc., that includes a $5 million payment and a ...

The Federal Trade Commission announced a worldwide crackdown on firms running bogus technical support scams that targeted victims in the U.S. and five other countries. "These scam artists we're ...

On June 16, 2025, the FTC announced it had reached a settlement with a UK-based payment processor, resolving allegations that the company facilitated deceptive tech-support schemes by processing ...

GREEN BAY, Wis. (WBAY) - A Consumer First Alert: There’s a surge in tech support scams we want people to recognize. Scammers are targeting computer users with fake pop-up messages designed to scare ...

SHREVEPORT, La. – This new survey from Mastercard shows the most vulnerable group of Americans isn't seniors, but their kids and grandkids. And it's not even close. According to the Federal Trade ...

SCAMMERS OFTEN TARGET OLDER CONSUMERS. AND ACCORDING TO THE LATEST SCAM REPORT FROM THE FEDERAL TRADE COMMISSION, SCAMMERS ARE GETTING TO THEIR TARGETS MORE OFTEN. EIGHT ON YOUR SIDE CONSUMER ...

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 media pitches—drove the biggest losses, while phone ...