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Scammers Posing As Well-Known Businesses, Agencies: Here's What To Know, Feds Say Scammers Posing As Well-Known Businesses, Agencies: Here's What To Know, Feds Say
Scammers Posing As Well-Known Businesses, Agencies: Here's What To Know, Feds Say Federal authorities are sounding the alarm over scams that impersonate well-known businesses and government agencies.  In 2023, data from the Federal Trade Commission (FTC) alone show more than 330,000 reports of business impersonation scams and nearly 160,000 reports of government impersonation scams. That amounts to nearly half the frauds reported directly to the agency, the FTC said. Combined, reported losses to these impersonation scams topped $1.1 billion for the year, more than three times what consumers reported in 2020. Reports show an increasingly blurred line between busine…

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by Joe Lombardi
Lifestyle
Beware Of These Lottery, Sweepstakes Scams, Better Business Bureau Says Beware Of These Lottery, Sweepstakes Scams, Better Business Bureau Says
Beware Of These Lottery, Sweepstakes Scams, Better Business Bureau Says Tired of your spouse, friend, children, relative or even yourself getting duped by fraud -- which is exploding on cellphones, mailings and computers? The Better Business Bureau (BBB) produced this new study (also attached below) which offers basic tips to avoid being conned. As the saying goes, if it seems to good to be true -- it probably is.  Sweepstakes, lottery and prize scams are among the most serious and pervasive frauds operating today, according to the BBB.  While the scams’ roots go as far back in the culture as gambling, the fraud continues to evolve with the times -- and now in…

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by Jon Craig