Tag archives: fraud

FTC on crypto scammers and plans to modernize guidance to prevent digital deception

By Susan Ross (US) and Paul Guirguis (US) on June 15, 2022 Posted in Fraud

As a follow up to our previous posts on digital assets and social media, the Federal Trade Commission recently published a Consumer Protection Data Spotlight on June 3, 2022. In the post, the FTC provides insights on the fraud reports submitted to the FTC from January 1, 2021 to March 31, 2022. According to the … Continue reading

Social media and cryptocurrency fraud

By Susan Ross (US) and Paul Guirguis (US) on March 15, 2022 Posted in Fraud

Creators of fraudulent crypto assets beware. A recent court decision supported investors, creators and marketers of legitimate crypto assets, and the integrity of the crypto asset market as a whole. While the creator of BitConnect remains at large and is facing his own indictment for his role in the scheme that allegedly defrauded investors of … Continue reading

Authentication on social media platforms

By Karen Sie (CA) on March 7, 2016 Posted in Fraud, Trademark

Engaging with customers online is quickly becoming the norm as consumers increasingly use social media to ask questions, seek customer service, and participate in dialogue with a business or their brand. The use of social media to deliver customer service allows businesses to be at the forefront of our digital age. That said, businesses could … Continue reading

Social engineering fraud

By Erik Janitens (US) on March 1, 2016 Posted in Security

What is social engineering fraud? Social engineering fraud is defined as the art of influencing people to disclose sensitive information or granting the fraudster unauthorized access. As opposed to exploiting a secure computer system to access information, criminals are now exploiting a person’s trust through avenues such as email, social media, and mobile apps. While … Continue reading