The Top Scams of 2023 & Solutions: A Discussion with FTC Officials

The Top Scams of 2023 & Solutions: A Discussion with FTC Officials

By Linda Nwoke Many Americans are losing more money than ever to scammers, and recently, with the help of technology. In some cases, people have received fraudulent calls purportedly from reputable government institutions such as the Social Security Administration (SSA), the IRS, and utility companies. These calls, executed by impostors, threaten individuals with repercussions like […]

FTC Tackles Fraud with Multilingual Support

FTC Tackles Fraud with Multilingual Support

New Initiatives Expand Language Accessibility, Addressing a 30% Surge in Consumer Fraud Losses and Empowering Diverse Communities to Recognize and Report Scams By JR Holguin BROOKLYN, NY — A recent briefing by the Ethnic Media Services and the Federal Trade Commission (FTC) revealed significant steps in the FTC’s fraud combat strategies, primarily focusing on overcoming […]

FTC Sues Amazon for Illegally Maintaining Monopoly Power

FTC Sues Amazon for Illegally Maintaining Monopoly Power

Editorial credit: Sundry Photography / Shutterstock.com By FTC | September 26, 2023 Amazon’s ongoing pattern of illegal conduct blocks competition, allowing it to wield monopoly power to inflate prices, degrade quality, and stifle innovation for consumers and businesses. The Federal Trade Commission and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online […]

Scammers Took Consumers for $8.8 Billion in 2022

Scammers Took Consumers for $8.8 Billion in 2022

By Peter White   Ever get an email about an extended car warranty or a free gift from Home Depot? What about online service to flush out malware from your computer? It’s hard to avoid these unsolicited offers. Fraudsters send texts, they call you on your phone, and sometimes use AI to mimic a relative’s […]