Scam

‘Shark Tank’ star loses (and recovers) almost $400K in BEC scam

“Shark Tank” star Barbara Corcoran lost nearly $400,000 to a phishing scam late last month after scammers tricked people in her office into wiring funds to a bank in Germany. The good news is Corcoran ended up recovering the funds before the money could be transferred to the fraudster’s bank account in China.

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Online romance scams can cost you

The Federal Trade Commission (FTC) has released a new article warning users of online romance scams designed to dupe you out of your money. Often the scammers gain the confidence of their victims and then trick them into sending them gift cards or money for family emergencies or trips to come visit, but never happen.

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“Operation Main Street” aims to stop small business scams

The Federal Trade Commission (FTC) announcedOperation Main Street: Stopping Small Business Scams, a coordinated joint effort with the Better Business Bureau (BBB), law enforcement and state/federal partners, to help stop scams that target small businesses.

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