ABA unveils new videos on scams targeting seniors
As part of its Safe Banking for Seniors campaign, the ABA Foundation today released seven new videos intended to help ...
Tag: Scams
Podcast: How #BanksNeverAskThat helps protect bank clients against fraud
The latest incarnation of ABA's award-winning #BanksNeverAskThat anti-phishing campaign returns in October. The season premiere of the ABA Banking Journal ...
Survey finds young people most likely to fall for phone scams
More than half of mobile subscribers reported losing money to phone scam calls in a recent survey on the prevalence ...
ABA Foundation, FTC release consumer education infographic on payment app scams
The American Bankers Association Foundation and the Federal Trade Commission released an infographic with information to help consumers protect themselves ...
FTC: Romance Scam Losses Hit Record High in 2021
Romance scams are on the rise, with consumers losing $547 million to them in 2021 alone, according to new data ...
Podcast: From Crypto to Online Romance, How Money Mule Tactics Are Evolving
With the pandemic and other factors triggering growth in — and new dimensions of — “money mule” scams, how what ...
FTC: Fraud Cost Older Americans More Than $600 Million in Losses in 2020
The Federal Trade Commission’s Consumer Sentinel Network took in more than 334,000 fraud reports filed by Americans age 60 or ...
FTC: Cryptocurrency Investment Scams 12x Over Previous Year
Since October 2020, almost 7,000 people have reported losing money from cryptocurrency investment scams, the Federal Trade Commission said today—12 ...
FinCEN Issues Advisory on Economic Impact Payment Fraud
The Financial Crimes Enforcement Network today issued an advisory alerting banks to economic impact payment fraud. The advisory describes EIP ...
Survey: Banks See Business Email Compromise as Biggest Threat
Scams involving business email compromise—through which fraudsters target businesses and their fund transfers— were flagged by banks as the greatest ...
