FTC Throws Support Behind FCC’s Proposed Anti-Robocall Rule
The FTC is supporting the efforts of the FCC to expand the definition of what constitutes and illegal call and make life more difficult for telemarketers and robocall operators. In comments sent to the FCC this week, the FTC said that a proposed rule that would allow the establishment of a broad Do Not Originate […]
UK Arrests Four in Tech Support Phone Scam
Police in the U.K. have arrested four people in connection with a fake tech support scam in which callers passed themselves off as representatives of Microsoft or other technology companies. Two men and two women were arrested as part of the investigation by City of London Police and Microsoft into the scheme, which has been […]
FCC Proposes Massive $120M Fine in Robocall Scheme
The FCC has proposed a $120 million fine for a Florida man who the commission alleges made nearly 100 million illegal robocalls in a three-month period, some of which hit a paging network used by hospitals, EMTs, and doctors, disrupting its service. The investigation into the robocall operation began last year after the FCC received a […]
New IRS Phone Scam Tied to Prepaid Debit Cards
Although tax season has been over for two months now, phone scammers are continuing to target victims with a new version of the venerable IRS phone fraud scam, using the agency’s electronic payment system as a lure. The latest iteration of the scheme involves scammers calling victims and trying to bully them into paying imaginary […]
FCC Warns on New ‘Can You Hear Me’ Phone Scam
Phone scammers have adopted a new tactic recently that is part of a long-term scheme to impersonate victims during calls with banks or other financial institutions. The new technique involves a scammer calling a victim and when the victim answers, immediately asking, “Can you hear me?” The idea is to record the victim’s voice as […]
Those IRS Scam Calls May Disappear Soon
The FCC has moved one step closer to implementing a system that would prevent robocalls that spoof the caller ID of numbers that don’t initiate outbound calls, a move that could significantly reduce the volume of scam calls reaching businesses and consumers. The commission on Thursday issued a notice that seems public comment on the concept of […]
Phone Bot to Target Windows Support Scammers
The man who developed a bot that frustrates and annoys robocallers is planning to take on the infamous Windows support scam callers head-on. Roger Anderson last year debuted his Jolly Roger bot, a system that intercepts robocalls and puts the caller into a never-ending loop of pre-recorded phrases designed to waste their time. Anderson built the […]
FTC Cracks Down on Two Huge Robocall Groups
Continuing its campaign against phone fraud operations, the FTC has dismantled two major robocall organizations that the commission alleges were making hundreds of millions of calls over the course of several years to consumers who were on the Do Not Call registry. The FTC filed complaints against two separate groups of defendants, the leaders of which […]
Financial Fraud Trending in the Wrong Direction
When discussing financial fraud, people often talk about it as one overarching problem. But the reality is that in today’s environment, fraud comprises many separate, distinct components, each with its own techniques, complexities, and challenges for organizations trying to defend against them. Customers interact with their financial institutions in a variety of ways: in-person, online, […]