While financial scams have always been around, the variety of schemes that scammers employ to steal money are easily proliferated these days with the internet, social media, AI and crypto. Frauds and ...
There is a blueprint for pulling off what has come to be known as the “Fake Dubai Prince” scam, and it often involves a meticulous, months-long effort to gain a victim’s trust before robbing them of ...
Adults age 60 and older are more likely to report losses of $100,000 or more due to financial fraud, according to the Federal Trade Commission. Those incidents account for 68% of the $2.4 billion in ...
Financial fraud and scams are everywhere these days, and no one’s really safe, whether you’re new to investing or have years of experience. The numbers are pretty shocking: In the U.S. in 2024, ...
When one of his clients asked to withdraw $50,000 just before Christmas, financial advisor Clayton Winkler knew something was off about the request. What followed was a long, delicate series of ...
WhatsApp video call scam is targeting users through sextortion tactics, where fraudsters lure victims into compromising video calls and later threaten them for money. Here’s how the scam works, the ...
Older adults are more vulnerable to financial scams, with the FBI reporting that people aged 60 and older lost a combined $3.4 billion to scams in 2023. Scammers target this demographic because they ...
Unsavory financial advisors may cheat their clients through deceptive practices such as Ponzi schemes, churning techniques, and pump-and-dump scams. Advisors who pressure you to make quick investment ...
While the financial advice industry for the last twenty years has continuously rung the alarm bell that financial advisors are getting older and are not being replaced nearly fast enough, another ...
UIDAI's biometric lock feature lets users block fingerprint and iris authentication, adding an extra safety layer against Aadhaar-linked fraud and misuse ...
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