New Federal Trade Commission data shows consumers reported losing more than $12.5 billion to fraud in 2024, which represents a 25% increase over the prior year. Scammers reaching out through calls, ...

Alex Fitzpatrick/Axios Americans reported losing over $12.5 billion to various forms of fraud last year, per new FTC data — up a staggering 25% from 2023. Why it matters: The spike suggests fraudsters ...

State officials are warning Americans not to respond to a surge of scam road toll collection texts. The texts impersonating ...

New data from the Federal Trade Commission shows money lost to fraud increased by billions of dollars last year.

Consumer Reports found that some AI voice-cloning tools lack meaningful safeguards to prevent fraud and misuse, and recommended additional safeguards, such as watermarking AI-generated audio and ...

The FTC reports a record $12.5 billion lost to scams in 2024, with investment fraud, job scams, and debt relief fraud topping ...

Both consumers and banks reported that the rate of fraud and scams has steadied, according to FinCEN and FTC data, but the ...

Christopher Mufarrige, the newly-appointed Director of the Bureau of Consumer Protection at the Federal Trade Commission (FTC), ...

You think it's a call from the doctor's office or your child’s school. So, you stop what you're doing and answer it -- only to get aggravated and find out it's a bogus debt reduction offer, or better ...

A lawyer for the Federal Trade Commission has walked back his comments about a lack of resources and staff turnover ...

A day before a shutdown deadline, Senate Democrats are mounting a last-ditch protest over a Republican-led government funding ...

An annual report issued by the U.S. Federal Trade Commission (FTC) released this week has revealed the top scams and losses that impacted Americans in 2024. The annual Data Book categorizes the top ...