By Linda Nwoke Many Americans are losing more money than ever to scammers, and recently, with the help of technology. In some cases, people have received fraudulent calls purportedly from reputable government institutions such as the Social Security Administration (SSA), the IRS, and utility companies. These calls, executed by impostors, threaten individuals with repercussions like […]
Editorial credit: Isabelle OHara / Shutterstock.com NEW YORK – New York Attorney General Letitia James today sued Citibank, N.A. (Citi) for failing to protect and refusing to reimburse victims of fraud. The lawsuit alleges that Citi does not implement strong online protections to stop unauthorized account takeovers, misleads account holders about their rights after their accounts […]
Editorial credit: Peace-loving / Shutterstock.com New Initiatives Expand Language Accessibility, Addressing a 30% Surge in Consumer Fraud Losses and Empowering Diverse Communities to Recognize and Report Scams By JR Holguin BROOKLYN, NY — A recent briefing by the Ethnic Media Services and the Federal Trade Commission (FTC) revealed significant steps in the FTC’s fraud combat […]