The IRS Office of Chief Counsel advised in a Chief Counsel Advice memorandum (CCA) that generally, for tax years 2018 through 2025, only transactions entered into for profit qualify as deductible ...
According to the FTC, fraud losses hit $15.9 billion in 2025. Imposter scams led in sheer number of reports, but investment ...
CHICO — A reader recently sent me an email regarding an unusual transaction from her “bank” on a Sunday, which got me wondering: are certain scams more likely to appear outside of business hours? This ...
The victims were led to the Arizona convenience store by an increasingly familiar scam: Crooks had tricked them into believing they were in legal trouble, their bank accounts were hacked or that they ...
Digital payment systems like PayPal are more popular than ever, and scammers are following the money. Here's what you can do to guard against them.
Financial scams targeting seniors are exploding, with both the number of victims and dollar amount of losses doubling over the last four years, writes Rolland Johannsen, of Capital Performance Group.
A woman in France struck up what she thought was an online relationship with a famous actor. Only after she had sent over $850,000 to “Brad” did she discover she’d been duped by ...
Beware of Fake Payment Requests – Here’s How Scammers Are Stealing Your Money With the rise in digital payments, UPI frauds have also surged, and the latest trick used by scammers is Pull Transaction ...
A $4 charge is easy to ignore. It might appear as a parking fee, a small purchase or a vague merchant name that doesn't raise any red flags. Consumer protection groups and law enforcement say scammers ...
Check BBB. Research complaints, reviews and ratings before booking. If you’ve spotted a scam (whether or not you’ve lost ...
Industry stakeholders have proposed risk-based alternatives to RBI’s draft UPI fraud safeguards, warning that blanket cooling-off periods and transaction limits could impact user convenience and trust ...