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Americans lost nearly $18 billion to scams, and few get money back
A new report from Democrats on Congress's Joint Economic Committee, reported by the AP and FRONTLINE, found that no federal agency keeps a single count of scam money seized or returned.
thefraudbriefing
3 days ago1 min read
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Fake bank investigator calls cost Canadians over $28 million last year
The Ontario Provincial Police say complaints are rising about callers posing as a bank's fraud team who claim your card was used or money was taken from your account.
thefraudbriefing
3 days ago1 min read
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Six charged in dating app crypto scam that hit 800 Americans
Federal prosecutors in Washington, D.C. charged six men tied to a Madagascar-based ring that posed as attractive women on dating sites and talked victims into linking their crypto wallets to fake NFT investment sites, which were then drained.
thefraudbriefing
3 days ago1 min read
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Two Vancouver seniors lose at least $97,000 in fake blessing scams
Vancouver Police say strangers approached an 81-year-old and a 79-year-old woman at bus stops on October 16 and 23, learned about their sons, and claimed the sons would be healed, or would die, unless the women's money and gold were blessed.
thefraudbriefing
3 days ago1 min read
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Scammers pose as your favorite charity to sell fake sweepstakes prizes
The FTC warns of callers who say you won a sweepstakes sponsored by a charity you support, sometimes because you donated, and then ask for a fee or your Social Security number to collect.
thefraudbriefing
3 days ago1 min read
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Rhode Island becomes first state to sue Meta over scam ads
Attorney General Peter Neronha sued Meta in Providence Superior Court, saying the company tolerated widespread scam ads on Facebook, Instagram, and WhatsApp and sometimes charged suspected fraudsters higher ad rates instead of blocking them.
thefraudbriefing
Oct 251 min read
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Reported fraud losses by older Americans hit $3 billion in 2025
The FTC's annual report to Congress says reported losses by adults 60 and over rose about fivefold in five years, from roughly $600 million in 2020 to about $3 billion in 2025.
thefraudbriefing
Oct 251 min read
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B.C. man, 88, lost $450,000 to fake Carney investment video
Ralph Moore of Qualicum Beach lost $450,000 over 10 months to an investment scam that started with a deepfake video of Prime Minister Mark Carney.
thefraudbriefing
Oct 251 min read
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Fake RCMP officers calling Canadians from spoofed Newfoundland police numbers
Callers claiming to be RCMP officers in Newfoundland and Labrador tell people they are victims of a financial scam and try to collect personal and banking details.
thefraudbriefing
Oct 251 min read
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FBI warns scammers are using midterms to steal donations and identities
The FBI says fraudsters are running fake "campaign investment pools" that promise returns if a candidate wins, fake PACs that keep your donation, and political merchandise that never ships, sometimes using AI-generated candidate voices.
thefraudbriefing
Oct 251 min read
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