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Fraudulent lenders and other criminals have adapted to the digital world, costing loan scam victims billions of dollars. The Federal Trade Commission (FTC) estimates losses to consumer fraud in ...
Financial scams are an unfortunate reality of life for consumers. According to the Canadian Anti-Fraud Centre, Canadians reported $530.4 million (CND) in financial fraud losses in 2022, a 170.2% ...
The American Bankers Association is urging federal action on online financial fraud. Banks are facing increased liability for scams, with $10 billion in losses reported last year.
The FBI Internet Crime Complaint Center (IC3) received more than 101,000 reports of scams and fraud against people ages 60 and older in 2023, causing seniors to lose over $3.4 billion. And those ...
Business impersonation scams cost victims $660 million in 2023. Learn how to spot these scams, protect your info, and safeguard your finances from fraud. Business Impersonation Scams Are on the Rise.
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