FTC Blogs

Tidying up: Decluttering the COPPA FAQs

Maybe it’s the influence of that best-selling book on home organization or perhaps the silos of stuff in our makeshift home offices are becoming more noticeable. Either way, people are in a decluttering mood – and we are, too. Our recent project: updating and streamlining Complying with COPPA: Frequently Asked Questions, known as the COPPA FAQs. But not to worry. The revisions don’t raise new policy issues and our COPPA Rule review continues.

Cryptocurrency investment scam reports at record level: 5 facts suggest caution

Thinking about adding cryptocurrency to your investment portfolio? The number of Americans investing in cryptocurrency has increased. But as a new FTC Consumer Protection Data Spotlight suggests, the number who report getting stung by cryptocurrency investment scams has skyrocketed.

Cryptocurrency buzz drives record investment scam losses

Investing in cryptocurrency means taking on risks, but getting scammed shouldn’t be one of them. Reports to the FTC’s Consumer Sentinel1 suggest scammers are cashing in on the buzz around cryptocurrency and luring people into bogus investment opportunities in record numbers. Since October 2020, reports have skyrocketed, with nearly 7,000 people reporting losses of more than $80 million on these scams.2 Their reported median loss? $1,900.

Unwanted calls: Just block ’em and report ’em

Unwanted calls are annoying. They can feel like a constant interruption — and many are from scammers. Unfortunately, technology makes it easy for scammers to make millions of calls a day. So this week, as part of Older Americans Month, we’re talking about how to block unwanted calls — for yourself, and for your friends and family.

Celebrating Older Americans Month

During May, the FTC and federal and state organizations nationwide will celebrate Older Americans Month, with “Communities of Strength” as its theme. The FTC works to protect older adults year round, through law enforcement actions and the Pass It On fraud prevention campaign. Pass It On encourages people to share what they know to protect someone from a fraud, and to be a resource that others can turn to. This week, we’ll share some of what we know through a series of blogs about scams affecting older adults. We hope you’ll share these blogs in your community. You can link, forward, print, or copy all FTC content freely. And if you’re on social media, share this graphic through your network.