At the request of the Federal Trade Commission, a federal court has temporarily shut down two massive telemarketing operations that allegedly conned tens of thousands of consumers out of more than ...

A U.S. federal court has shut down what the Federal Trade Commission says was a fake tech-support firm that posed as Facebook and Microsoft and tricked consumers into paying up to $600 for bogus ...

Tech-support scams cost consumers hundreds of millions of dollars annually. Seniors are particular targets of the crooks, sometimes losing their life savings. The scam often starts with a call, email, ...

This new survey from Mastercard shows the most vulnerable group of Americans isn't seniors, but their kids and grandkids. And ...

The FTC's 2024–2025 report on protecting older consumers shows total fraud losses among adults 60 and older have quadrupled since 2020.

On June 16, 2025, the FTC announced it had reached a settlement with a UK-based payment processor, resolving allegations that the company facilitated deceptive tech-support schemes by processing ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The firm will also be permanently banned from processing ...

The Federal Trade Commission has reached a settlement with U.K.-based payment processor Paddle.com Market Limited and its U.S. subsidiary, Paddle.com, Inc., that includes a $5 million payment and a ...

(WJAR) — Tech support scams are impacting older Americans at a staggering rate. According to the Federal Trade Commission, tech support scams target people 60 and older about five times more often ...

The Federal Trade Commission announced a worldwide crackdown on firms running bogus technical support scams that targeted victims in the U.S. and five other countries. "These scam artists we're ...

If you picture a scam victim, you probably picture someone older. Someone in their 60s, 70s, or 80s. But new data says the ...