When it comes to crypto, it's buyer beware

Nov 11, 2022
The Consumer Financial Protection Bureau (CFPB) has released a new bulletin of consumer complaints about crypto.
The Consumer Financial Protection Bureau has received more than 8,000 complaints about crypto in the past four years.
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Peer-to-peer payment use is growing. So are scams.

Jul 20, 2022
The Consumer Financial Protection Bureau will reportedly push banks to reimburse customers who lose their money through scams on apps like Paypal, Venmo and Zelle.
Payment apps haven’t disclosed how much consumers have lost from scams, but Lisa Ellis with MoffettNathanson estimates it’s around $10 billion.
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Why are banks letting corrupt money pass through their systems?

BuzzFeed senior Investigative reporter Jason Leopold talks about how and why banks have allegedly let trillions of ill-gotten money pass through their hands without taking action.
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How undiagnosed Alzheimer's can impact personal finances

Oct 25, 2019
Early-stage Alzheimer's linked to unwise financial decision-making and vulnerability to financial exploitation.
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How to protect yourself from scams ... according to a former scammer

Author Frank Abagnale, a former con man and subject of the 2002 Steven Spielberg movie "Catch Me If You Can," explains there are a few common red flags to help you determine if the person calling you is a scammer.
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Brains and Losses: Part VI

Scammers are not always a faceless voice on the phone.
Rose Conlon/Marketplace

Brains and Losses: Part V

Suspicious or unusual bank activity can often signal a scam; but should a teller be able to monitor a long-time account holder’s ledger activity to flag a possible scam?
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For public good, not for profit.

Brains and Losses: Part IV

Financial scammers are part of coordinated efforts to target victims. The Federal Trade Commission took in more than a half a million complaints of imposter scams alone in 2018. But finding and convicting perpetrators is rare. Marketplace Morning Report’s David Brancaccio looks at what federal regulators are doing to target scammers.   Brains and Losses: […]
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Brains and Losses: Part III

What changes to the brain might make a person more vulnerable to financial scams?
Rose Conlon/Marketplace

Brains and Losses: Part II

What happens when you're scammed out of almost $200,000?
Rose Conlon/Marketplace