Blog

Although, according to the TD bank fraud investigations, TD bank takes responsibility for helping protect its consumers’ personal information and adheres to standards set by the industry to identify fraud and aid in its prevention, you should remember at all times that scammers can use the same tricks on repeat, so to stay a step ahead of scammers and avoid scams in the future, feel free to check out Funds Trace blogs, articles, and other resource materials on all types of scams.

There is still a lot that we aren’t aware of when it comes to Aidvantage and their scam victims; however, to avoid scams like Aidvantage student loan scams, beware of companies that approach you or appear in your search engine ads. Even if you receive a letter or a call from a person claiming to be knowledgeable about your student loan information, such as how much you owe, it could be a scam. Borrowers will be well-positioned to manage any changes by being informed of any updates, keeping an eye out for, and reporting scammers.

It has gone extremely viral that when someone launched a cryptocurrency under its name, everyone went crazy and invested in fake promises. This case study is about a scam scandal right after the popularity of the Netflix series squid game involving the squid game cryptocurrency token/coin. In late October, a cryptocurrency named squid coin was launched on the digital wallet servers with an initial cost of around $600, and by Monday, it skyrocketed to around $2860. Everything was going fine until the worst thing happened, the scam scandal occurred!

A rising number of America’s most renowned consumer and technology firms can now create and implement their own unique banking and money movement solutions domestically and abroad, thanks to their banking as a service platform.

Amazon is an American multinational technology company that focuses mainly on eCommerce. The best thing about self-contained websites like it is that the whole transaction is online. However, you may think that having a middleman company like Amazon means that you’re prone to less risk as compared to buying or selling through classified advertising; however, there are so many scammers out there who have been pulling malicious tricks on the buyers and sellers on the platform to defraud them out of millions.

Internet fraud is using online services and software with internet access to defraud or take advantage of victims. The term “internet fraud” refers to cybercrime that occurs over the internet or via email, including crimes such as identity theft, phishing, and other hacking activities designed to defraud people.

Perhaps it is due to the growing power of digitalization and e-commerce. Scams today are flourishing in the world of the internet as everyone today uses it for both business and pleasure because they think it is far from dangerous. The FBI Internet Crime Complaint Center received 351,936 reports about internet crimes in 2018, resulting in damages of more than $2.7 billion, according to the FBI’s Internet Crime Report. Everyone who uses a device connected to the internet has the potential to fall victim to online fraud, according to a 2017 Federal Trade Commission study.