How to Get Money Back From a Gift Card Scam
According to the FTC, nearly 40,000 consumers used gift cards to pay scammers in 2021 alone. If you’ve been the victim of one of these confidence traps, whether it’s a…
It’s Illegal to Be a ‘Money Mule,’ Whether You Know It or Not
In 2022, BioCatch, a software company that delivers advanced fraud protection, estimated that there are approximately two million mule accounts in the U.S., and about $3 billion in fraudulent transfers…
Don’t Fall for This ‘Virtual Kidnapping’ Scam
Photo: r.classen (Shutterstock) As unlikely as it is to happen, every parents can imagine the horror and helplessness they would feel if they discovered their child had been kidnapped. The…
Real-Time Bank Account Payments In India To Get Easier Soon: Here’s How
Western Union processes money transfers into billions of bank accountsThe overseas arm of NPCI signed an agreement with Western Union to bolster real-time money transfer to bank accounts in India…
RBI Imposes Rs 1 Crore Penalty On Paytm Payments Bank
RBI has imposed a penalty of Rs 1 crore on Paytm Payments BankThe Reserve Bank of India (RBI) has imposed a penalty of Rs one crore on Paytm Payments Bank…