The 'scam economy' keeps growing, as fraudsters steal money through wire transfers, gift cards, payment apps and cryptocurrency.
A wave of smarter, more sophisticated scams hit consumers last year.
FTC: $15.9B lost to scams in 2025. Investment and social-media scams top the list — report fraud at ReportFraud.ftc.gov.
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FTC finds spike in reported losses from fraud among seniors, reaching $2.4 billion in 2024: Report
A report from the Federal Trade Commission showed a spike in reported fraud losses among seniors. Law enforcement agencies in the Tampa Bay area are warning about a continued rise in government ...
Scammers are draining seniors’ life savings at staggering rates, a new Federal Trade Commission report shows, with older Americans reporting about four times more in fraud losses in 2024 than in 2020.
Adults 60 and older reported losing $2.4 billion in 2024 to fraud, including money lost to investment scams, according to the FTC's annual report to Congress released Dec. 1. That's up 26.3% Many ...
U.S. lawmakers have asked the Federal Trade Commission and the Securities and Exchange Commission to launch an investigation into Meta Platforms (META), Reuters reported on Monday, following a report ...
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