Americans report US$13 million in losses from coronavirus scams

The median loss to fraudulent schemes that exploit the global health crisis is almost US$600. The United States’ Federal Trade Commission (FTC) has received more than 17,000 complaints from U.S. consumers who reported total losses in excess of US$13 million from COVID-19 related scams. The FTC has compiled the data into an easily digestible infographic, which … More Americans report US$13 million in losses from coronavirus scams

This Netflix-themed scam prompts FTC to issue warning

The message starts off with the kind of information that is apt to send shivers down the spines of many binge-watchers. The United States’ Federal Trade Commission (FTC) issued a warning late last year about an email-borne scam campaign in which fraudsters impersonate the streaming giant Netflix and phish for people’s personal information. This variation of a … More This Netflix-themed scam prompts FTC to issue warning