consumer fraud News

FTC: Consumers Lost $12.5 Billion to Investment, Other Scammers in 2024

Consumers lost more than $12.5 billion to fraud in 2024, which represents a 25% increase over the prior year, according to newly released Federal Trade Commission data. The FTC said while the number of fraud reports remained stable at about …

Donald Trump Sues Iowa Newspaper Over Pre-Election Poll

President-elect Donald Trump sued the Des Moines Register and its pollster for “brazen election interference” in publishing a survey the weekend before the election that showed Democrat Kamala Harris with a surprising lead of three percentage points in the state. …

EU Warns of New Wave of Consumer Scams Amid COVID Resurgence

The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of COVID-19 infections in Europe and said they need to work harder against the spread of disinformation related to …

Delaware Attorney General Targets Sackler Family in Opioid Lawsuit

Delaware’s attorney general is suing members of the family that controls OxyContin maker Purdue Pharma, accusing them of consumer fraud, negligence and creating a public nuisance. Monday’s court filing follows more than a dozen similar lawsuits by other state attorneys …