Fraudsters Are Posing As The FTC To Scam Consumers

The United States Federal Trade Commission (FTC) has warned the public to be cautious if contacted by people claiming to be... FTC staff. In a warning published on its website , the FTC said that scammers were using its employees' real names to steal money from consumers. A typical ruse will see the bogus FTC staffer advising someone to wire or transfer money to "protect" it, send a victim to a Bitcoin ATM, or even demand that they buy gold bars and take it to someone for "safe-keeping." The bogus FTC worker sometimes uses threats to encourage people to move funds recklessly . The FTC's advice...

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