Hundreds of thousands of Americans had their debit cards compromised last year after falling victim to ATM skimming—and the problem is only growing. Skimming is a type of fraud that takes consumers’ ...
The FBI says scams perpetrated using bitcoin ATMs cost Americans nearly $250 million in 2024, more than double the sum from ...
Crypto ATMs are popping up everywhere – from gas stations to grocery stores. They are known as BTMs and are a legitimate way to turn your cryptocurrency into cash or your cash into crypto. But there ...
A new report from the Federal Trade Commission (FTC) shows that money lost to fraudulent bitcoin ATM scammers increased nearly tenfold between 2020 and 2023. Per the spotlight report published on Sept ...
Companies often fail to refund money to victims and aggressively fight police to claw back scam money seized from machines.
Banking card fraud relies on victims who are preoccupied or multitasking, and this includes online credit card skimming scams as well. Your first step when ...
The only national law enforcement group keeping those statistics appears to be the Canadian Anti-Fraud Centre (CAFC). Fraud victims reported losing $14.2 million to scams through crypto ATMs in 2024, ...