Tag: FTC warns scammers

FTC warns scammers are impersonating its employees to steal money
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FTC warns scammers are impersonating its employees to steal money

The Federal Trade Commission (FTC) of the United States issued a warning today about con artists posing as its workers to defraud Americans out of thousands of dollars. The identities of agency employees have been used by scammers to trick people into sending or receiving money through phone calls, emails, or texts. These consumers have reported these scams to FTC staff on multiple occasions. From $3,000 in 2019 to $7,000 in 2024, the median financial loss attributable to these FTC impersonation scams has increased dramatically over the past five years. The FBI's Internet Crime Complaint Center (IC3) received almost 14,000 complaints [PDF] of official impersonation last year alone, the majority of which were from senior citizens read more FTC warns scammers are impersonating its ...