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Ways to protect yourself from bank fraud. In addition to the measures banks employ to safeguard their consumers from fraud, some vigilance and best practices on the part of consumers can play a ...
According to the Federal Trade Commission (FTC), Americans lost $10 billion to fraud in 2023. Bank transfers and payments lead the way as the No. 1 contact point between your money and the ...
Once you do, the FTC will provide next steps you can take to protect yourself. It also shares reports with law enforcement agencies to help with investigations. 2.
Protect yourself from internet scams The internet can be a fun place to interact with people and gain info, however, it can also be a dangerous place if you don't know what you're doing. Many times, these scams initiate from an unsolicited email.
Cryptocurrency fraud. Debt collection scams. Debt relief scams. Elder fraud. Foreclosure or mortgage relief scams. Grandparent scams. Imposter scams. Lottery and prize scams. Mail fraud. Man-in ...
And we don’t do a great job of protecting our own bank accounts. Nearly all bank customers, or 92%, said they were “likely to reuse their bank” after the institution resolved a case of fraud.
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