Posts

Pig Butchering Scams: Warning from New York Attorney General and How to Protect Yourself If you have received an unsolicited message from a stranger who later suggests you invest in cryptocurrency, you may be the target of a “pig butchering” scam. The term comes from the practice of fattening a pig before slaughter—here, scammers spend weeks or months building a relationship with you, gain your trust, and then convince you to pour money into a fake investment platform. Once you deposit enough, they disappear with everything. ...

How Extended Fraud Alerts Affect Your Credit Score: What the Fed’s New Research Reveals If you’ve been a victim of identity theft, you’ve probably heard about placing an extended fraud alert on your credit report. The standard advice has been: do it to stop criminals from opening new accounts in your name. But a recent study from the Philadelphia Federal Reserve Bank suggests there may be an unexpected upside—and it has to do with your credit score. ...

Top Scam Trends from the FTC’s Latest Webinar — and How to Protect Yourself Every year during National Consumer Protection Week, the Federal Trade Commission holds a webinar to brief the public on emerging fraud threats. This year’s session, which took place in early March 2026, focused on several trends that are costing Americans billions. If you missed the event, here is a clear summary of what was discussed and concrete steps you can take now to avoid becoming a victim. ...

What Is a “Pig Butchering” Scam? New York AG Warns of Rising Crypto Swindle On February 17, 2026, New York Attorney General Letitia James issued a consumer alert about a growing type of fraud known as “pig butchering.” The name is grim but fitting: scammers “fatten up” their victims with trust and affection before slaughtering their finances. These schemes combine elements of romance scams and fake cryptocurrency investments, and they have become increasingly common and costly. ...

Fraud Victims May See Credit Scores Rise: What That Means for You If you’ve been the victim of identity theft, the conventional advice is to place a fraud alert on your credit file. That alert signals to lenders that they should take extra steps to verify your identity before opening new accounts. Most people assume that doing so will only make borrowing harder and could even ding their credit score. But recent research from the Federal Reserve Bank of Philadelphia tells a more nuanced story. ...

What the FTC’s Latest Scam Data Means for You Every year during National Consumer Protection Week, the Federal Trade Commission takes the opportunity to give the public a clearer picture of what fraud looks like right now. This year, a webinar hosted by the FTC and covered by ACA International laid out the scam trends that consumers should be paying attention to in 2026. If you’ve felt like the calls and messages are getting more convincing, you’re not wrong—the tactics are evolving. ...

How to Spot and Avoid ‘Pig Butchering’ Scams: What to Know A recent consumer alert from New York Attorney General Letitia James warns about a growing type of fraud known as “pig butchering.” These scams combine elements of romance fraud and fake investment schemes, and they have cost victims billions in recent years. Here’s what you need to know to recognize the warning signs and protect your money. ...

How Extended Fraud Alerts Could Boost Your Credit Score (Yes, Really) If you’ve been a victim of identity theft, your first instinct might be to limit damage by placing a fraud alert on your credit reports. Most people assume that doing so signals risk to lenders and might lower their credit score. But new research from the Federal Reserve Bank of Philadelphia suggests the opposite may be true — at least for victims who use an extended fraud alert. ...

Gift Card Scams: D.C. Attorney General Issues New Alert – Here’s How to Protect Yourself If you’ve ever received a call, email, or text demanding payment with a gift card—and it felt off—you were right to be suspicious. Gift card scams are one of the most persistent fraud tactics in the United States, and they show no signs of slowing down. In December 2025, District of Columbia Attorney General Brian Schwalb issued a fresh alert warning residents about this exact threat. ...

NCPW 2026: What the FTC Wants You to Know About Scams and Fraud National Consumer Protection Week (NCPW) 2026 wrapped up in early March, but the advice from the Federal Trade Commission (FTC) remains as relevant as ever. Whether you missed the events or just want a refresher, here’s a clear look at the most important consumer protection tips from this year’s campaign. ...