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  2. Fraud and scams cost consumers a record $10 billion in ... - AOL

    www.aol.com/fraud-scams-cost-consumers-record...

    New data from the Federal Trade Commission highlights a $10 billion problem. ... Michigan consumers reported losing $151.7 million in 2023 to all types of fraud and scams, according to the ...

  3. Is that a scam? How to recognize and report fraudulent behavior

    www.aol.com/scam-recognize-report-fraudulent...

    Visit identitytheft.gov if you shared sensitive information like your SSN. Complaints can be filed via the NJDCA website or via phone at 1-800-242-5846. Consumers can also report scams, potential ...

  4. Scams stealing government benefits like unemployment ... - AOL

    www.aol.com/scams-stealing-government-benefits...

    Identity theft to receive government benefits — typically unemployment insurance — shot up 82% in 2023, according to a ConsumerAffairs analysis of Federal Trade Commission data, topping 82,000 ...

  5. Finance columnist goes viral after admitting to being scammed ...

    www.aol.com/news/finance-columnist-goes-viral...

    In 2022, the FTC found that young adults - including Gen Xers, Millennials, and Gen Zers ages 18 to 59 - were 34 per cent more likely than older adults to report losing money to fraud. Most ...

  6. Here's What to Do When You’re a Fraud or Scam Victim - AOL

    www.aol.com/heres-fraud-scam-victim-140000719.html

    Fraud alerts are free and last 90 days or seven years, depending on which type of alert you choose. To reach the three nationwide credit bureaus, just visit their website or give one of them a ...

  7. FTC v. Amazon - Wikipedia

    en.wikipedia.org/wiki/FTC_v._Amazon

    Docket nos. 2:23-cv-01495. Federal Trade Commission, et al. v. Amazon.com, Inc. is a lawsuit brought against the multinational technology company and online retailer Amazon in 2023. The Federal Trade Commission (FTC), joined by the attorneys general of seventeen U.S. states, alleges that Amazon holds and abuses an online retail monopoly. [1] [2]

  8. Internet fraud prevention - Wikipedia

    en.wikipedia.org/wiki/Internet_fraud_prevention

    Internet fraud prevention is the act of stopping various types of internet fraud.Due to the many different ways of committing fraud over the Internet, such as stolen credit cards, identity theft, phishing, and chargebacks, users of the Internet, including online merchants, financial institutions and consumers who make online purchases, must make sure to avoid or minimize the risk of falling ...

  9. Bankruptcy of FTX - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_of_FTX

    The bankruptcy of FTX, a Bahamas -based cryptocurrency exchange, began in November 2022. The collapse of FTX, caused by a spike in customer withdrawals that exposed an $8 billion hole in FTX’s accounts, [1] served as the impetus for its bankruptcy. Prior to its collapse, FTX was the third-largest cryptocurrency exchange by volume and had over ...

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