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“Fake reviews not only waste people’s time and money, but also pollute the marketplace and divert business away from honest competitors,” FTC Chair Lina Khan said in a statement.
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.
Would you donate $100 to a charity if you knew only $1 would go to supporting the people it serves? The FTC and 10 states have sued a cancer charity that took in more than $18 million from 2017 to ...
In Shasta County, California, the county clerk and election officials warned last week that a text message asking recipients to click a link to register to vote was a scam. Officials said clicking ...
A Ponzi scheme ( / ˈpɒnzi /, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. [ 1] Named after Italian businessman Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived from legitimate business ...
Crowdfunding. Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. [ 1][ 2] Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over US$ 34 billion was raised worldwide by crowdfunding. [ 3]
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