By Adrianne Appel2025-03-10T20:56:00
The public reported a 25 percent increase in losses–totaling more than $12.5 billion in 2024–to investment scams, tech rip-offs, and general fraud, according to an analysis by the Federal Trade Commission (FTC).
Each year fraud is reported to the FTC by individuals, businesses, local law enforcement, and organizations via the agency’s website or by phone. The agency investigates credible reports of large-scale fraud, and takes legal action to halt it, return lost money to consumers, and penalize egregious wrongdoers. The agency tracks fraud data and notes year-over-year trends.
The number of overall fraud reports the FTC received didn’t increase much from 2023 to 2024, keeping steady at about 2.6 million.
2025-10-17T16:12:00Z By Aly McDevitt
This week, U.S. authorities took coordinated action against Cambodian multinational conglomerate Prince Holding Group and its 37-year-old founder Chen Zhi, who is accused of running forced-labor camps in Cambodia where captives were forced to conduct pig butchering scams that defrauded U.S. and global victims out of billions of dollars.
2025-03-03T15:51:00Z By Aaron Nicodemus
Artificial intelligence tools are being adopted at a rapid clip in many organizations, in some cases without proper guardrails and without taking ethical considerations into account. The first question many organizations ask when it comes to using AI is, “Can we do it?” Rather they should ask, “Should we do ...
2025-02-21T18:43:00Z By Aaron Nicodemus
Twenty-three attorneys general from across the country are warning that President Donald Trump’s efforts to defund and disband the Consumer Financial Protection Bureau would “significantly harm consumers” and “reduce oversight of big banks.”
2025-10-09T18:11:00Z By Jaclyn Jaeger
On-again-off-again tariffs, a down economy, and a long list of global supply chain disruptions are challenging U.S. food and beverage companies to adjust their supply chain operations in a variety of ways.
2025-09-25T20:36:00Z By Jaclyn Jaeger
New regulations, changing consumer demands, and global supply chain disruptions – from cost-of-goods inflation to tariffs to raw material shortages, and more – are just a few top challenges reshaping the operations of food and beverage industry today. “These challenges are no longer just logistical—they implicate sourcing risk, contract performance, ...
2025-09-17T19:03:00Z By Ruth Prickett
More than half of all compliance teams are “actively using” or “piloting” AI applications, according to a Moody’s report. While most are focusing on streamlining routine tasks, some are developing AI agents and asking vital questions about AI decision-making.
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