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Top text scams of 2024 - Federal Trade Commission It’s hard not to glance at your phone when you hear the ding of an incoming text Scammers bet on it And reports to the FTC’s Consumer Sentinel Network suggest their odds of a big payout have improved: reported losses to text scams have skyrocketed even as the number of reports declined In 2024, people reported $470 million in losses to these scams, more than five times the 2020 number
Glossary of Scams and Legal Terms - Federal Trade Commission Scams Auto Warranty Scam A scammer calls you with a sales pitch for renewing your auto warranty or insurance policy The scammer may have acquired information about your car and its existing warranty to make the offer seem more credible Charity Scams Scammers call asking for charitable donations, often after large-scale disasters They may make up phony charities or spoof a real charity to
Amazon Refunds | Federal Trade Commission The FTC is not contacting people about refunds in the Amazon matter If you get a call from someone who claims to be from the FTC, it’s a scam Report it at ReportFraud ftc gov The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize And no one from Amazon will ever ask you for money to get a refund Only scammers say they can get you special access
How to Report Fraud at ReportFraud. ftc. gov This video shows you how to report scams, fraud, and bad business practices to the Federal Trade Commission at https: ReportFraud ftc gov and why it’s important to do it
Fake Check | Federal Trade Commission A new update from the Federal Trade Commission shows that fake check scams led to reported individual median losses of nearly $2,000 – losses far higher than on any other of the top ten scams reported
Rental scams hit home with $65 million in reported losses Rental scams can happen to anyone, but reports suggest young people are the hardest hit People ages 18 to 29 were three times more likely than other adults to report losing money to a rental scam [4] Many young adults report being targeted on Facebook groups college students use to look for sublets and other housing options close to campus
FTC Halts Illegal Debt-Relief Operation that Falsely Impersonated . . . The Commission will continue to stop such illegal and unethical conduct ” The Accelerated Debt defendants, acting as a common enterprise, operated a debt relief scam that took in an estimated $100 million, primarily targeting older consumers, some of whom are veterans, according to the complaint
Phishing Scams - Federal Trade Commission Phishing Scams and How to Spot Them Phishing is a type of online scam that targets consumers by sending them an e-mail that appears to be from a well-known source – an internet service provider, a bank, or a mortgage company, for example It asks the consumer to provide personal identifying information
FTC Data Show a More Than Four-Fold Increase in Reports of . . . New analysis from the Federal Trade Commission shows a more than four-fold increase since 2020 in reports from older adults who say they lost $10,000 or more—sometimes their entire life savings—to