news

Bank Scammers Target Homebuyers with Imposter Schemes

The Bankers' Trojan Horse: How Imposter Scams Are Holding Hostage the American Dream The latest statistics from the Federal Trade Commission show that imposter scams have become a major threat to financial security in America.

Last year, over $3. 5 billion was lost to these crimes, making it clear that they are no longer isolated incidents but an epidemic.

At the center of this crisis is a disturbing phenomenon: scammers posing as bank representatives convincing unsuspecting victims like Dahiana Ponce to hand over their life savings.

Read the full story

Read on Cronik →