PYMNTS

FEBRUARY 12, 2019

12) about potential “romance scams,” which cost victims a collective $143 million last year. The FTC said these particular types of scams cost people more than any other type of swindling, and that they’re expected to become more common. Also, make sure to notify any dating site on which the person tried to scam.

Romance Scams 53

Romance Scams FTC Scams Federal Trade Commission 53

PYMNTS

FEBRUARY 25, 2020

To support scam victims, the Federal Trade Commission (FTC) will start to send refunds of over $1.7 million to consumers who fell victim to a tech support scam, the agency said in a press release. The FTC will start to provide 57,960 refunds with an average of approximately $30 to each of the scam’s victims.

Scams 64

Scams Romance Scams FTC Federal Trade Commission 64

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

FEBRUARY 14, 2020

The Cost of Love: Broken hearts club: Consumers report losing more than $200 million to romance scams last year, as estimated by the FTC. B2B Targeted: The FBI reports that Business email compromise (BEC) scams are on the rise. That’s up 40 percent over 2018. has broadened to examine acquisitions.

Cross-Border 52

Cross-Border Business Email Compromise Romance Scams FTC 52

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

PYMNTS

OCTOBER 1, 2019

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. Federal regulators in the U.S.,

Romance Scams 62

Romance Scams Scams Federal Trade Commission FTC 62

PYMNTS

NOVEMBER 6, 2019

are urging consumers to be cautious 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. According to PYMNTS research, federal regulators in the U.S.

Romance Scams 41

Romance Scams Account Takeovers Federal Trade Commission Fraud Prevention 41