This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
04/01/2026
FTC data reveal $12.5 billion in fraud, and your bank account is the target
The Street
Your bank account has never been more vulnerable than it is right now, according to alarming new data from federal regulators who track financial crimes. The Federal Trade Commission just released its annual fraud report, and the numbers paint a disturbing picture of the threat landscape Americans face today.
Consumers lost more money to criminals last year than ever before, as scams evolve faster than safeguards. You probably think you are too smart to fall for a scam, that you would never click a suspicious link or share your banking credentials with a stranger.
Today’s scams are highly sophisticated and tailored to how you use your bank and financial accounts. They range from convincing fake bank websites to employment scams that promise remote work but end up draining your funds.
More Info
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information