Tax scams on the rise as April 15 approaches, IRS warns

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In the midst of tax season, with the April 15 deadline quickly approaching, the Internal Revenue Service is warning taxpayers about scammers out to rip you off. Scams tend to spike during tax filing season because people are already expecting communication regarding refunds, payments or account updates from the IRS, Eric Bronnenkant, head of tax at Edelman […]


Walmart Marketplace’s rapid growth came with fakes, scams

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When Mary May started buying from third-party sellers on Walmart‘s online marketplace, she said she assumed the products she was purchasing were the same as the ones she’d long bought in stores.  So in late March when she said she saw a “ridiculous sale” on her favorite Neuriva brain supplements on Walmart’s marketplace, she bought […]


Crypto scams thrive in 2024 on back of ‘pig butchering’ and AI: Report

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Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimates Boonchai Wedmakawand | Moment | Getty Images Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized, […]


Weight-loss drug boom has become one of the internet’s biggest scams

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A production line of Wegovy injection pens for the Asian market at the Novo Nordisk A/S pharmaceutical manufacturing facility in Hillerod, Denmark, on Wednesday, Nov. 27, 2024.  Bloomberg | Bloomberg | Getty Images One interpretation of the law of supply and demand is that when demand outstrips supply, scammers get busy. That’s certainly the case […]


New bitcoin bull market, beware of the same old crypto scams

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Consumers beware: With bitcoin trading solidly over $90,000 this month and closing in on the $100,000 level, cybercriminals will be circling the wagons. “This is going to create a lot of FOMO and a lot of urgency around investing in bitcoin and paying with bitcoin,” said Eva Velasquez, president and chief executive of the Identity […]