ABA Data Bank: Losses from Romance Scams Increased 40% in 2019 to $201 Million
Read more about the FTC’s findings View the FTC/ABA Foundation infographic
Browsing: Scams
FTC Finds Impostor Scams Among Top Frauds in 2019
Impostor scams—in which scammers pose as representatives from the government or a well-known business, romantic interests or family members—were the number one type of fraud reported to the Federal Trade Commission’s Consumer Sentinel in 2019, the agency said today.
New ABA Foundation Infographic Provides Tips to Protect Veterans from Scams
A new infographic from the American Bankers Association Foundation, Association of Military Banks of America and the Better Business Bureau provides tips for veterans, active duty servicemembers and their families on how to protect themselves from financial scams targeting the military.
Fighting Financial Elder Abuse
By Laine Crosby
Protecting Your Older Customers
By Kate Young
Bank Protects Seniors from Scams
By Laine Crosby