'They are going to steal all of my money': Wisconsinite scammed out of $6,000

'They are going to steal all of my money': Wisconsinite scammed out of $6,000

According to the Federal Trade Commission people reported losing $10 billion to scams in 2023; that’s $1 billion more than in 2022.

Precautions urged amid surge in sophisticated financial scams

Canada’s largest bank is urging vigilance amid a rise in financial scams. Royal Bank of Canada regional director of communications in B.C. Jim Payn told Castanet financial scams are becoming increasingly common and more sophisticated. “While fraudsters often target seniors, it is importa...

ThePatriotLight - How To Defend Against The Latest Financial Scams

ThePatriotLight - Authored by Javier Simon via The Epoch Times (emphasis ours),Technology has made financial transactions as easy as pressing a button on your phone. You can send or request money through mobile apps in seconds. And you can open new accounts like credit cards, personal loans, and even mortgages entirely online. But while technology has made financial transactions simpler, it also has opened a door through which your money can flo…

How To Defend Against The Latest Financial Scams

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Caught in the web: unmasking online scams

It started with downloading an app. Within minutes, Kay Huber found herself writing a check for $766 to a scammer’s bank account in hopes of installing a “security service” on her newly bought computer. Her story is similar to thousands playing out daily. In the past few decades, electronic devices have grown from tools intended for calculations to a stream of complex networks that allow users to communicate, learn, access information, and more.…

With the development of information technologies, online fraud has also intensified, experts in the field claim. Most often, elderly people suffer, and in the most common cases the lost money cannot be returned, law enforcement officials say. They warn that people should be careful with their personal and banking data, but also with different passwords.