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New FBI data show older people in Austin facing largest losses in region to romance, 'confidence' scams

AUSTIN (KXAN) — The Austin area is becoming a key target for romance scams and other cyber-crimes, according to the latest data from the FBI obtained by KXAN investigators. People in the Austin ...
Inquirer Technology on MSN

The real cost of scams isn’t just money, it’s trust

Written by Shamina Singh, founder and president of the Mastercard Center for Inclusive Growth and the EVP for Sustainability ...
El Diario NY

Protect Your Financial Investments from ‘Confidence Scams’

Now that technology provides New Yorkers with easier access to investment platforms to grow their money, it is important to be wary of scammers who use sophisticated means to take advantage of people ...
Compliance Week

Who is leading the fight against confidence scams, and who should?

Internet-enabled scams have gained national attention, with authorities now treating fraud compounds linked to confidence scams as organized transnational crimes. The FBI’s Internet Crime Complaint ...
pymnts

Block Chief Risk Officer Says Scams Test Trust After the Damage Is Done

Fraudsters use long-term social engineering across chat and social platforms to build trust before asking for money. Reimbursement for imposter and deception scams can dramatically improve a ...