Smishing schemes involving Departments of Motor Vehicles nationwide have increased. Scammers are sending SMS text messages falsely claiming to be from the DMV that “are designed to deceive recipients into clicking malicious links and submitting personal and/or financial information under false threats of license suspension, fines and credit score or legal penalties.”

The Rhode Island

Ally Financial Inc., a digital financial services company, faces two class action lawsuits in the U.S. District Court for the Western District of North Carolina related to an April 2024 data breach. The suits allege that Ally failed to secure customers’ personal information, including Social Security and auto account numbers. One lead plaintiff claims that

Unfortunately, when natural disasters hit innocent victims and good-natured people want to help those in need, scammers swoop in to manipulate the bleak situation to commit fraud or price gouging.

Following Hurricanes Helene and Milton , the Federal Trade Commission (FTC), the Department of Justice, and the Consumer Financial Protection Bureau (CFPB) issued a warning

The Federal Trade Commission (FTC) has initiated a new “law enforcement sweep called Operation AI Comply.” The operation shows that the FTC is serious about protecting consumers from companies that use artificial intelligence (AI) tools and services to “trick, mislead, or defraud people.” Such conduct is “illegal,” and in announcing the first five enforcement

Fraudsters are using the hype of new technology, specifically artificial intelligence (AI), to commit fraud on consumers. The same bad guys are just spinning buzzwords to develop new schemes to take advantage of consumers.

This week, the Federal Trade Commission (FTC) announced that it took enforcement action against five companies “that use AI hype or