The "Green Mirage" mortgage scam uses caller ID spoofing to impersonate mortgage companies and banks.

Banks’ fraud departments have gotten pretty good at identifying questionable credit card purchases. They employ algorithms ...

Fraud losses hit a record $12.5 billion in 2024, up 25% from 2023. Imposter scams topped the list, but employement scams ...

The FTC reports a record $12.5 billion lost to scams in 2024, with investment fraud, job scams, and debt relief fraud topping ...

Banks reported slightly more instances of fraud in 2024 compared to 2023, and consumers reported slightly fewer instances of scams. However, scams became costlier as criminals extracted more funds ...

The median loss was $497, but the highest losses came from investment fraud, with a median loss of $9,196, followed by business and job scams at $2,250, and mortgage foreclosure relief and debt ...