Latest in Investment Scams Ftc
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Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself
Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.CNBC - 18h -
How to protect yourself as fraud losses hit $12.5 billion in 2024
A new FTC report reveals a sharp rise in fraud losses, with 2.6 million consumers reporting scams in 2024. With financial fraud surging, CBS News business analyst Jill Schlesinger shares how to ...CBS News - 2d -
Chaos around Social Security sparks anxiety about scams
“Hang up, ignore the messages and report any scam attempts,” advocate says.MarketWatch - 1d -
FTC reverses course, says it has resources to pursue Amazon deceptive practices case
The FTC said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constraints.CNBC - 3d -
Don't click on road toll texts. FBI issues fresh warning about the smishing scam
The FBI is warning Americans not to respond to scam road toll collection texts after receiving more than 2,000 complaints this monthABC News - 2d -
Mastercard and Visa linked to illegal gambling sites accused of scamming UK customers
Card giants processing payments for unlicensed operators as customers report losing thousands. Mastercard and Visa are processing payments for illegal gambling websites accused of scamming UK ...The Guardian - Mar. 9 -
Gold investing pros and cons to know as the price rises
Gold's price is on the rise. Is it still worth it to invest in the precious metal? Here are the pros and cons.CBS News - 5d -
UK minister in ‘active discussions’ with pension funds to invest more in private markets
Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assetsFinancial Times - 4d -
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.CNBC - 3d -
Why the toll road text scam is out of control across the U.S., and Apple, Android can't do anything to stop it
Toll road text scams have used over 60,000 domain names and Apple, Android have been powerless to prevent the fraud from hitting users everywhere.CNBC - 2d -
Why a gold investment makes sense (even with inflation dropping)
Inflation dropped in February, according to a new report. Here's why a gold investment could be worth it anyway.CBS News - 3d -
Inside Google’s Investment in Anthropic
The internet giant owns 14% of the high-profile artificial intelligence company, according to legal filings obtained by The New York Times.The New York Times - 4d -
Inside Google’s Investment in Anthropic
The internet giant owns 14% of the high-profile artificial intelligence company, according to legal filings obtained by The New York Times.The New York Times - 4d -
FTC seeks delay in Amazon trial, citing recent cuts in staff, budget
Lawyer for the Federal Trade Commission says agency needs to seek trial delay in case against Amazon due to staffing and budgetary challenges.CBS News - 2d -
FBI Announces a Fresh Warning About a ‘Smishing’ Scam
The FBI is advising people not to click on those road toll texts. It’s received over 2,000 complaints this month alone.Inc. - 2d -
Want to boost UK’s investment culture? Exempt stocks-and-shares Isas from IHT
I doubt the government will go for my idea, but it could increase investment in UK plc — and make people richerFinancial Times - Mar. 8 -
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.CNBC - 4d -
The stock market is wobbly. Is now a good time to change how much I invest?
With markets falling in response to economic uncertainty as the Trump administration moves forward with a trade war, some investors are wondering if they should keep investing in the stock market ...MarketWatch - 2d -
FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls
The Federal Trade Commission asked a judge in Seattle to delay the start of its trial accusing Amazon of duping consumers into signing up for its Prime program, citing resource constraints.NBC News - 3d -
The Beef Tallow Skin Care Trend Smells Like a Scam
What happens when you swap your Vanicream for rendered cow fat? I tried it so you don’t have to.Wired - 1d -
Text scams warning of unpaid road tolls fueled by cybercriminal salesmen on Telegram
An onslaught of unsolicited texts to Americans’ phones in recent months claiming they owe unpaid tolls and E-ZPass bills is more than an annoyance.NBC News - 1d -
Wealth managers dump investment trust shares
But retail investors buy into the troubled sectorFinancial Times - Mar. 8 -
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Noncompete Agreements Are Sticking Around—but Be Careful How You Use Them
The FTC’s new Joint Labor Task Force is investigating noncompetes, no-poach agreements, and restrictive hiring contracts. Here’s how to stay compliant.Inc. - 2d -
More than 10,000 domains registered for smishing campaign: Report
Cybercriminals have registered more than 10,000 domains for various smishing scams, according to a recent report from the threat intelligence arm at cybersecurity firm Palo Alto Networks. Smishing ...The Hill - 3d -
7 ways to safeguard your money as the Trump administration weakens consumer protections
The onus is on Americans to wage their own fights against scams, rip-offs and bad deals.MarketWatch - 2d -
Trump urged to appoint N Ireland envoy amid US investment ‘concern’
Lawmakers call on president to continue tradition of sending an emissary to the regionFinancial Times - 5d -
Why Workday’s CEO Made a Tough Layoff Decision to Invest in AI
Carl Eschenbach explains how workers—including CEOs—can coexist with AI.Inc. - 5d -
Investing in gold bars vs. silver bars: Which is better during inflation?
If you're trying to decide between these two precious metal assets, experts say one choice is the clear winner.CBS News - 5d -
European tech founders join forces to invest in young entrepreneurs
Podcaster Harry Stebbings is spearheading a €10mn fund to build tech start-ups to combat a ‘doom loop’ in EuropeFinancial Times - 4d -
New Zealand pitches itself as ‘safe harbour’ for foreign investments
PM Christopher Luxon looks to put country ‘squarely on the map’ after Jacinda Ardern eraFinancial Times - 3d -
Germany’s stagnant economy dents investment in consumer start-ups
Funding increased to €7bn last year but it is a far cry from the 2021 peak of more than €17bnFinancial Times - 3d -
Boss of bankrupt Northvolt urges Europe to invest in homegrown battery sector
Industry executives criticise ‘strategic failure’ by Swedish government and Brussels for allowing start-up to failFinancial Times - 3d -
These tips for investing in mutual funds and ETFs help ground your portfolio
All-weather funds, European stock ETFs and an editor’s note.MarketWatch - 2d -
Greek government debt upgraded to investment grade, closing the door on a painful era
Greece’s center-right government has welcomed a credit rating upgrade by Moody’s, the last major ratings agency to lift junk status on government bonds that began 15 years ago during a severe debt ...ABC News - 23h -
Computer owners duped in antivirus scam to get over $25M: What to know about payments
More than $25 million in payments will go out this week to customers who were tricked into paying for fraudulent tech support offered by two companies.The Hill - 5d -
New York AG announces bill to protect consumers from scams after Trump hobbles CFPB
With the Consumer Financial Protection Bureau frozen, consumers will have to rely on their state AGs and regulators when they have complaints.CNBC - 2d -
The unexpected knock-on effect of Trump's minerals 'deal of the century'
The president once derided attempts to develop new green technology as a "green new scam" - but his deal could help boost the US's potential in the sectorBBC News - 2d -
Paris Fashion Week gets down to business
Corporate cosplay at Comme des Garçons, Balenciaga and Valentino . . . and investment pieces at HermèsFinancial Times - 5d -
Blackstone ditches Hipgnosis brand and renames $3bn music business ‘Recognition’
Investment group with rights to songs by Shakira will be ‘fundamentally different’ under unified structureFinancial Times - 4d
