FILE - (AP Photo/Charles Krupa, File) (Charles Krupa, Copyright 2021 The Associated Press. All rights reserved.) SAN ANTONIO – Cryptocurrency scams are booming, and ...
Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. A report from the Federal Trade Commission (FTC) indicates a 1,000 % increase in ...
As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures. The United States Federal Trade Commission (FTC) ...
Call it a diabolical new twist on an old scam: ATM fraudsters are turning to bitcoin. Data the Federal Trade Commission provided to NBC News show the amount of money consumers have reported losing to ...
When Fran Bates received a call that her bank account had been hacked, the 85-year-old wanted nothing more than to protect her savings. So she listened to the instructions given to her on the other ...
The U.S. Federal Trade Commission (FTC) has reported a massive increase in losses to Bitcoin ATM scams, nearly ten times the amount from 2020 and reaching over $110 million in 2023. Bitcoin ATMs are ...
The kiosks allow users to send cash to a digital wallet anywhere in the world. The Federal Bureau of Investigation said fraudsters in 2025 bilked Americans out of more than $333 million with ruses ...
The US Federal Trade Commission (FTC) revealed that Bitcoin ATM (BTM) scams have accumulated a total of $114 million when converted to the United States dollar in 2023. The federal agency also shared ...
MIDDLEBURG, Fla. – Cases of Bitcoin ATM fraud have started popping up in Clay County and now the Sheriff’s Office is warning people to be alert after a deputy saved an elderly woman from becoming the ...
Just inside the front door of a Circle K convenience store, the district manager glared at a small kiosk. Yet another elderly victim had just fed thousands of dollars into the device after being ...