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Here are a few types of financial fraud, and what you can do to protect yourself from them: 1. New account fraud: This occurs when a fraudster uses someone else’s information to open a new bank ...
According to the Federal Trade Commission (FTC), Americans lost $10 billion to fraud in 2023. Bank transfers and payments lead the way as the No. 1 contact point between your money and the ...
Having your bank account raided by scammers can devastate your ability to pay your bills and everyday expenses. Luckily, for each common type of bank fraud, there are ways to keep your accounts ...
6 Best Banks for Dealing With Identity Theft and Fraud In the digital age, where most of the world’s money, transactions and accounts are all online, everyone and anyone can become a target for ...
The Federal Trade Commission (FTC) warns that if a scam message asks for personal information, the scammer can gain access to your email accounts, bank accounts, credit cards and more. Some things ...
“Banks spend literally billions of dollars every year on anti-fraud measures for your accounts,” Benda said. Nearly half of bank customers in the J.D. Power report, or 46%, said their bank had ...
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