September 21, 2024

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CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times

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CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times
CFTC Warns of Follow-on Frauds Targeting Victims Multiple TimesThe Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery […]