On September 4, 2026, the Federal Trade Commission (FTC) announced a $4.85 million settlement with Canadian payment processor Nuvei Corporation. Filed in the U.S. District Court for the District of ...
Key takeaways Fraud losses among older adults have nearly quadrupled since 2020. Adults aged 60 and over reported $2.4 ...
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Fraud costs Americans billions every year.
Here’s what happened — and how to protect yourself from similar scams. Money; illustration AI-generated using Claude An 84-year-old Washington resident lost more than $400,000 in a scam after being ...
Cryptocurrency ATM scams are rapidly escalating, with the FTC reporting a 1,000% increase in losses between 2020 and 2023, and $388 million lost in 2025 alone. Scammers exploit these ATMs for their ...
Scams are hammering Americans from coast to coast and putting their financial fitness in jeopardy. Fraud losses reported by Americans 60 and older quadrupled from $600 million in 2020 to $2.4 billion ...