Coming to a wallet near you: new credit and debit chip cards. They’re part of a nationwide shift by major card issuers to offer added security against fraud. The new cards look like your old cards with one exception: they have a small square metallic chip on the front. The chip holds your payment data — some of which is currently held on the magnetic stripe on your old cards — and provides a unique code for each purchase. The metallic chip is designed to reduce fraud, including counterfeiting. Here’s how it works...
Scammers are big on hiding behind fake names and titles. We’ve heard from hundreds of people who got calls from fake ‘court officials’ about jury duty. The fraudsters claimed to be court officers, accused people of skipping jury duty and said they had to pay a fine immediately or face arrest. If you get a call like that, hang up. That’s not a real official calling.
You know what would go great with your pumpkin spiced treats this October? Cyber security! Okay, now that I have your attention, October is National Cyber Security Awareness Month, and it’s a great time to be #CyberAware. There are plenty of ways to participate.
During Hispanic Heritage Month, we celebrate the heritage and culture of Hispanic communities across the country, and recognize their many contributions to American life. At the FTC, we join the celebration as we work to combat deception and fraud in marketplaces targeting Hispanic communities.
Consider this scenario: a company promises you its products will provide unbelievable results. But if you decide to write a negative review about your experience, the company says you owe it as much as three times what you originally paid.
That’s how it worked with Roca Labs, the FTC says — only it was the company’s weight loss claims that were unbelievable.
Do you ever think about buying a franchise? Maybe you’ve heard of big opportunities and want to make a career change or build a business. If you’re considering buying a franchise, the FTC has updated information to help you.
Growing up, we all learned that money doesn’t grow on trees. Here’s another hard truth: the federal government is not giving away thousands of dollars in grants to people who pay their taxes on time, have no criminal records, never declared bankruptcy or were ‘selected in a demographic survey.' Anyone who claims you’ll get ‘free money’ for those reasons is trying to scam you.
Counsel for International Consumer Protection, FTC
People who’ve recently arrived in the US have a lot of adjustments to make. For many refugees and immigrants, and some of the social services groups who help them, the basics come first: figuring out language, food, shelter, and work. Understanding how to avoid fraud isn’t high on the list – until a scam finds a recent arrival.
That’s why the FTC has created new materials to help refugees and immigrants spot, avoid and report scams. We worked closely with the International Rescue Committee to create a short handbook to help anyone identify a sure sign of a scam.
My mom always told me that my vision would get worse from sitting too close to a screen and playing video games — not better. But according to the FTC, Carrot Neurotechnology said you could improve your vision by buying and playing its $9.99 Ultimeyes video game app. People bought the app because they believed it would help them see better, but in a case announced today, the FTC says there isn’t enough scientific proof that the app will work.