scams

Tax scams are on the rise. Here’s what to know

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NEW YORK — Robocalls, texts, and phishing emails from scammers are up this tax season compared to previous years, with artificial intelligence likely increasing fraud attempts, according to the consumer protection bureau of the Federal Trade Commission. Consumer advocates and government officials urge the public to stay wary, to stop and think before engaging with … Read more

Gold IRA scams and red flags: How to protect yourself before you invest

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Gold IRAs are legitimate retirement vehicles, but there are still red flags to watch before you commit. J Studios/Getty Images Gold has surged in value in recent years, drawing significant attention from investors looking for ways to protect their savings from market volatility, inflation and geopolitical uncertainty. And, with gold prices sitting above $5,100 per … Read more

Trump’s fraud czar nominee touts Minnesota blueprint to root out Obamacare fraud, senior scams

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NEWYou can now listen to Fox News articles! The crackdown on fraud in Minnesota will serve as a blueprint for a new Department of Justice office focused on protecting taxpayer funds from scams, President Donald Trump‘s pick to serve as the nation’s “fraud czar” explained in his nomination hearing Wednesday.  “The work in Minnesota has … Read more

FTC chair Lina Khan warns AI could ‘turbocharge’ fraud and scams | CNN Business

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Washington CNN  —  Artificial intelligence tools such as ChatGPT could lead to a “turbocharging” of consumer harms including fraud and scams, and the US government has substantial authority to crack down on AI-driven consumer harms under existing law, members of the Federal Trade Commission said Tuesday. Addressing House lawmakers, FTC chair Lina Khan said the … Read more