Federal Trade Commission Law Enforcement Scams 
Payments Dive
JUNE 12, 2025
senators are proposing legislation that would create a task force to study payment scams and suggest ways for lawmakers and regulators to combat them , along with formulating industry best practices. The Federal Trade Commission reported that Americans had lost $12.5 Andrew Harnik via Getty Images Dive Brief: Four U.S.
PYMNTS
DECEMBER 14, 2020
The Federal Trade Commission (FTC) has announced a new operation, Operation Income Illusion, to crack down on fraudsters targeting victims with fake promises of jobs or income, according to a press release. The FTC is working with 19 other federal, state and local law enforcement partners in the effort.
PYMNTS
DECEMBER 23, 2019
While law enforcement officials are now probing the matter, County Executive Dan McCoy denies any accusations of payroll fraud or abuse. The Federal Trade Commission (FTC) refunded $2.6 The FTC said the company would send more than 30,000 checks — each averaging $86 — to the SMB scam victims.
PYMNTS
JULY 7, 2020
Americans have lost more than $77 million in COVID-19 fraud since the start of the year, according to the Federal Trade Commission (FTC). But that number misses an unprecedented scope of scams connected to the coronavirus, according to John Breyault , a spokesman for the National Consumers League , the Washington, D.C.-based
PYMNTS
MAY 21, 2019
Payment company Allied Wallet and its owner, Ahmad Khawaja, as well as two officers, Mohammad Diab and Amy Rountree, have settled with the Federal Trade Commission (FTC) over allegations of knowingly processing fraudulent transactions related to scams, the FTC reported on Tuesday (May 21).
PYMNTS
OCTOBER 7, 2020
However, in the past month alone, PYMNTS Bitcoin Daily has reported on nearly a dozen different scams and schemes involving bitcoin or other cybercurrencies. Commodity Futures Trading Commission recently filed a complaint in a Texas U.S. The Pandemic Is Making Scams Worse . For example, the U.S.
PYMNTS
JULY 21, 2020
The Federal Trade Commission (FTC) testified before the Senate Commerce Subcommittee on Manufacturing, Trade and Consumer Protection on Tuesday (July 21), detailing its efforts to combat coronavirus-related fraud, including sending warning letters and trying to educate customers on how to spot a scam, according to a press release.
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