Fintech News

FEBRUARY 21, 2024

However, the decrease in scamming and theft does not tell the whole story. The evolving nature of crypto crimes, with scammers adopting more sophisticated methods such as romance scams, presents new challenges. This regulatory foundation established further measures to safeguard investors and ensure market integrity.

Crime 108

Crime Ransomware Scams Stablecoins 108

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

FTC 59

FTC Romance Scams Federal Trade Commission Scams 59

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

Romance Scams 40

Romance Scams Consumer Federal Trade Commission Scams 40