Federal Trade Commission Scams

September 20, 2023

If you get scam calls, texts, and emails claiming to be from the government, you’re not alone. There has been an increase in scammers claiming to be representing the Federal Trade Commission (FTC) lately, and lots of people are falling for it. It’s important to be aware of these scams, and to know how to protect yourself.

What to Look for

These scams start when someone calls, texts, or emails you and says that they work for the FTC, sometimes using the names of real FTC employees. They might tell you that you have won a contest or a prize, and that you must put money down in order to receive your winnings. Other versions of the scam take a darker turn, telling you that your accounts are out of order and you must transfer, pay money, or buy virtual currency to reverse the issue. Some even threaten to arrest you if you don’t comply.

In all of these cases, the scammers try to hurry or force you into sending or transferring your money to them. Remember:

• The FTC will never contact you to demand money, threaten you with arrest, or promise you a prize.
• Never share your personal information online, including logins and passwords to your bank accounts.
• Never send money, gift cards, or cryptocurrency by insecure means to an unknown party.
• Don’t take the identity of callers at face value, even if your Caller ID verifies their story. If a government agency reaches out to you and asks you to share personal information, tell them you’ll contact them on your own and then end the call.
• Never click on a link from an unverified sender.
• If someone tries to pressure you into acting quickly, it is a scam.

What to Do Next

If you think you have been targeted, hang up the phone or stop replying to text messages or emails. You should report the scam to the FTC. If you have already fallen for the scam, let us know so that we can help secure your accounts from further theft.