A U.S. federal court has shut down what the Federal Trade Commission says was a fake tech-support firm that posed as Facebook and Microsoft and tricked consumers into paying up to $600 for bogus ...

At the request of the Federal Trade Commission, a federal court has temporarily shut down two massive telemarketing operations that allegedly conned tens of thousands of consumers out of more than ...

Tech-support scams cost consumers hundreds of millions of dollars annually. Seniors are particular targets of the crooks, sometimes losing their life savings. The scam often starts with a call, email, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The firm will also be permanently banned from processing ...

(WJAR) — Tech support scams are impacting older Americans at a staggering rate. According to the Federal Trade Commission, tech support scams target people 60 and older about five times more often ...

Paddle will pay the FTC $5m to settle allegations that it processed payments for tech support scammers. The UK-based payments firm will also be permanently banned from processing payments for tech ...

The Federal Trade Commission announced a worldwide crackdown on firms running bogus technical support scams that targeted victims in the U.S. and five other countries. "These scam artists we're ...

On June 16, 2025, the FTC announced it had reached a settlement with a UK-based payment processor, resolving allegations that the company facilitated deceptive tech-support schemes by processing ...

Older Americans continued to lose billions of dollars to fraud in 2024, with scams increasingly exploiting trust, urgency and new technologies. The Federal Trade Commission said impostor scams, ...