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Best Buy is most commonly impersonated company by scammers, FTC says

See what’s clicking on FoxBusiness.com The Federal Trade Commission released a report this month outlining the companies scammers most commonly impersonate, the brands they most commonly use in fraudulent transactions, and their top methods. According to the report, Best Buy’s Geek Squad, along with Amazon and PayPal, are among the most widely imitated companies used […]

Suspected Scammers Trick Unsuspecting Buyers With ‘Cat-Faced’ Flowers: REPORT

A suspected fraudster has appeared on an online marketplace selling flower seeds purporting to resemble a cat’s face, according to a fact-finding investigation. “Cat’s eye flowers are so named because the special arrangement of their leaves resembles a cat’s eye.” Description of a productPart of the item listed on eBay, called “Cat eye dazzle,” reads: […]

How scammers have sunk to a new low with an AI obituary scam targeting the grieving

As if scammers couldn’t get any lower, a new online scam is taking advantage of people who are grieving. This is a bizarre pirate scam that uses artificial intelligence to collect data and build fake obituary websites, exploiting the information of deceased people to defraud vulnerable victims. A woman grieving at a graveyard. (Kurt “Cyber […]

Identity theft scammers target innocent children

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How scammers use AI tools to file perfect-looking tax returns in your name

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FTC warns of scammers after NY Mag finance columnist lost $50K in ‘vishing’ hoax

Federal Trade Commission Chair Lina Khan has warned the public about scammers after it was revealed that a financial advice columnist for New York Magazine gave $50,000 to a mysterious man claiming to be an investigator for the government agency. warned. “Being a victim of fraud is devastating,” Khan wrote on X. “No one at […]

How sneaky scammers are using AI to get you to buy fake Super Bowl tickets

If you are one of the lucky fans who managed to get tickets to the Super Bowl, congratulations. A thrilling experience awaits. However, if you are still looking for tickets and are tempted by offers on social media platforms, be careful. You may end up getting a fake ticket and be very disappointed. Counterfeit tickets […]