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FTC, Scammers and Losses from fraud

PCMag on MSN · 4d

Too Good to Be True: US Fraud Losses Hit $12.5 Billion in 2024, FTC Says

A large chunk of the losses, at $5.7 billion, occurred through investment scams. Email was the most common way scammers contacted victims, followed by phone calls and texts.

ConsumerAffairs · 4d

Losses from scams broke records in 2024, FTC says

Fraud losses hit a record $12.5 billion in 2024, up 25% from 2023. Imposter scams topped the list, but employement scams gained considerably.

Detroit Free Press on MSN · 3d

Scammers stole record-breaking $12.5B from Americans in 2024, FTC says

Consumers reported losing more money to scams where they paid with bank transfers or cryptocurrency than all other payment methods combined.

Microsoft, FTC and its antitrust

TechRepublic · 6h

Is Microsoft in Hot Water With The FTC Over AI Operations Antitrust Issues?

FTC launches an extensive antitrust probe into Microsoft’s AI operations, scrutinizing data practices and training costs. The investigation spans nearly a decade, signaling increased regulatory scrutiny in the AI sector.

Bloomberg L.P. · 1d

FTC Continues Microsoft Antitrust Probe

Rishi Jaluria, managing director of software equity research at RBC Capital Markets, says Microsoft’s and OpenAI’s embrace of interoperability will offset antitrust concerns. He joins Caroline Hyde and Jackie Davalos on "".

Investopedia on MSN · 1d

FTC Reportedly ‘Moves Ahead’ With Microsoft Antitrust Probe

KEY TAKEAWAYS The Federal Trade Commission is “moving ahead” with its antitrust investigation of Microsoft that was opened during the closing days of the Biden administration, according to a Bloomberg report,

ConsumerAffairs3d

FTC sends $25 million to tech support scam victims

The Federal Trade Commission (FTC) is sending more than $25.5 million in refunds to consumers who were misled into purchasing ...

FTC Launches Joint Task Force to Investigate and Prosecute Non-Compete Agreements, as FTC Chairman declares the GOP a “Workers’ Party”

As Republicans regain control of the Federal Trade Commission (“FTC”) under the Trump-Vance Administration, employers that ...

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