Federal Trade Commission Fraud Prevention Romance Scams 
FICO
APRIL 29, 2022
Increasingly, the scams involve cryptocurrencies; The New York Times also recently investigating crypto romance scams in which victims are lured into paying criminals with fraudulent, and irrevocable, transfers into digital wallets. That is nearly twice as many reports as the agency received the previous year. by TJ Horan.
PYMNTS
OCTOBER 1, 2019
Federal regulators in the U.S., meanwhile, are urging consumers to be careful of a particular type of social scam. The Federal Trade Commission (FTC) reports that U.S. consumers lose more to romance-based fraud than any other type of scheme.
PYMNTS
NOVEMBER 6, 2019
Even the most aggressive fraud prevention efforts are often behind the times, so to speak – and that creates another vulnerability in the form of blind spots from which fraudsters can attack. According to PYMNTS research, federal regulators in the U.S. are urging consumers to be cautious of a particular type of social scam.
Expert insights. Personalized for you.
52 
Let's personalize your content