Since 2023, illicit financial activity has surged by $1.3 trillion, reaching an estimated $4.4 trillion globally — a compound annual growth rate of 19.2% that far outpaces the growth of the world ...

Every year, about 90% of consumers either fall for or encounter online scams. And while many consumers are sophisticated enough to avoid some of the most common scams, it doesn’t take much for a ...

Adults age 60 and older are more likely to report losses of $100,000 or more due to financial fraud, according to the Federal Trade Commission. Those incidents account for 68% of the $2.4 billion in ...

Older adults are more vulnerable to financial scams, with the FBI reporting that people aged 60 and older lost a combined $3.4 billion to scams in 2023. Scammers target this demographic because they ...

Claire, a 24-year-old student of the Nigerian Institute of Journalism never imagined a simple online purchase could cost her ...

While the financial advice industry for the last twenty years has continuously rung the alarm bell that financial advisors are getting older and are not being replaced nearly fast enough, another ...

Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor (CRPC), Retirement Income Certified Professional (RICP), and a Chartered Socially Responsible Investing ...

Overview Scam messages related to Dak Seva often use fraudulent delivery alerts to deceive users.Phishing links compromise banking details and personal informat ...

India is witnessing a growing threat from a sophisticated cyber fraud known as the SIM Box scam, which allows criminals to cheat thousands of people simultaneously while staying under the radar.

As digital payments continue to grow rapidly in India, incidents of online financial fraud are also increasing. To strengthen ...

As online scams grow more sophisticated, members of BOK Financial’s Fraud Risk Management team are getting creative to warn the public by dressing up as pigs for Halloween. Their goal is to spotlight ...