Financial scams are becoming more common — and far more convincing — as fraudsters increasingly rely on artificial intelligence and other advanced tools. According to the Federal Trade Commission, ...
Fraud costs Americans billions every year.
Every year, the Federal Trade Commission (FTC), the agency tasked with protecting the public from deceptive or unfair business practices, receives millions of fraud reports from consumers. To help ...
Based on a survey of 9,524 U.S. consumers, this PYMNTS Intelligence report reveals how those tactics drive losses, discourage reporting and put bank loyalty at risk. A stranger sends a text. A ...
In the past 12 months, 57 percent of adults worldwide experienced a scam and 23 percent lost money. Shopping scams affected 54 percent of victims, while investment scams and unexpected money scams ...
The FBI reports nearly $21 billion in cybercrime losses for 2025, up 26%, as AI scams make fake voices and identities more convincing than ever.
Travel scams can come in many forms, and some are easier to spot than others. In a June 2026 consumer alert from the Federal Trade Commission (FTC) on how to avoid travel scams, the government agency ...
Most people don’t think they’ll fall for a financial scam. After all, scams seem obvious when you’re reading about them in the news. The warning signs look clear. The mistakes seem avoidable. But ...
Online scams are evolving faster than ever, exploiting AI, social engineering, and current events. From phishing emails to fake websites and crypto investment fraud, scammers leverage urgency, fear, ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Black Friday is the biggest shopping day of the year. But ...
FinCEN found scam victims often move through a recognizable sequence, draining checking and savings, liquidating investments and retirement accounts, then tapping HELOCs, credit cards and personal ...