Credit – Getty Images The sea glass Christmas trees appeared on Richard Edmonson’s Facebook feed in October, in between a relative’s photo and a friend’s meme. Their boughs were varying shades of translucent blue and turquoise; a starfish sat on top. Edmonson, who lives in Edinburg, Tex., didn’t click on…
After being targeted in a money-laundering scheme through a private chat on Facebook, 71-year-old Edith Lomax was scared to be active online and go out in public by herself. The scam began about two years ago when a man claiming to be from California started a conversation with Lomax, who…
Inflation isn’t the only thing taking a toll on Idahoans’ wallets. So are scammers. Multiple reports show scams are on the rise both nationally and in the Gem State. “Between January and Sept. 30 of this year, Idahoans have reported losing $20 million dollars to fraud,” said Rachelle Littau, consumer…
ANTIOCH, Calif. (KGO) — Investors fear they may have been conned out of hundreds of thousands and even millions of dollars from a high-stakes deal introduced to them by attractive women. The Federal Trade Commission says it’s seen an uptick of complaints involving romance and cryptocurrency. Kevin Sam, of Antioch,…
More than 46,000 people have lost over a billion dollars to crypto scams since the start of 2021, the Federal Trade Commission stated in a report released on Friday. This is about a fourth of total revenue lost to scams but also the largest using any payment methods. 2021 was rather…
Spending by U.S. consumers for Valentine’s Day is expected to be near record highs this year — $23.9 billion. But the Better Business Bureau is warning people to watch exactly what they’re buying and from whom they are buying. Matthew Shay, National Retail Federation president and CEO, said Americans are…
On the subway this morning, I looked up and saw an ad for a new cryptocurrency. More specifically, I looked up at a bright-red rectangle behind large white font reading: It’s never too late to be early. We’re in the midst of a speculation boom that has been variously compared…
AndreyPopov | iStock | Getty Images Many people looking for love online are finding loss instead — roughly $2,600 in lost cash that was lovingly wired to an online sweetheart who mysteriously disappeared. The Federal Trade Commission said this week it received a record 21,000 reports of romance scams in 2018,…
