Daily Compliance News: August 1, 2025, The All AI Edition
Compliance Needs are Alive and Well: FTC's Recent Enforcement Activity
Excessive Compensation: What to do when the co-owners of your business pay themselves excessively
Deposit Account Litigation: Highlights From 2024 and What to Expect in 2025 — The Consumer Finance Podcast
Recognizing and Avoiding Trademark Scams and Hoaxes
Elder Abuse-Financial Exploitation and Fraud
Legally Qualified: Protecting Against Elder Investment Fraud and Exploitation
Digging Deeper, Episode 1: The Con Queen of Hollywood
What is Consumer Fraud and What Deceptions are Employed?
In the wake of the recent July 4th flooding tragedy in Texas, scammers and criminals are reaching out to victims to take advantage of their vulnerability. Unfortunately, this is not the first time criminals have used natural...more
The Federal Bureau of Investigation (FBI) recently issued a warning about scams involving timeshares that have senior Americans as the primary victim. The FBI noted that timeshare fraud poses a significant risk to older...more
On October 18, the Federal Trade Commission (FTC) issued a report to Congress in which it outlined its ongoing efforts to protect older Americans from fraud related losses....more
Let us take time this week to thank current members of the military and all veterans for their service in protecting our country and democracy. As the daughter of a veteran, I am profoundly grateful to all of our service...more
Federal Communications Commission Chair Jessica Ronsenworcel recently announced a proposed directive to focus the FCC on AI’s burgeoning role in scam calls, particularly those targeting the elderly. The proposal will be...more
A recent research study published in JAMA Network Open suggests that older adults – including many who are not cognitively impaired – may be falling victim to “Government Impersonation” scams at a rate higher than previously...more
It was heartbreaking to watch the reports of Hurricane Ian as it landed on the west coast of Florida. The damage and losses left in its wake will be overwhelming and catastrophic for Floridians; the toll will become clearer...more
It’s back-to-school time and every parent I know of school-aged children is scouring lists provided by schools to purchase items for their kids’ first day. It is easy and convenient to purchase these items online, but...more
Seeing the victims in Kentucky following the devastating floods is heartbreaking. Even more distressing is seeing those who are trying to help by donating funds to the relief effort victimized as well....more
The Federal Trade Commission kicked off Pride Month yesterday, acknowledging that “some of the most egregious scams and abuses target the LGBTQ+ community.” The scams that those in the LGBTQ+ community experience include...more
On December 6, 2021, Governor Kathy Hochul expanded the legal definition of “elder abuse and exploitation” to incorporate identity theft in the list of eligible support services and programs for seniors through non-profit...more
It is an old trick, and one that scammers are once again using following massive lay-offs after the coronavirus outbreak and mandates to shelter from home....more
The UK Financial Conduct Authority (FCA) has published Sector Views, its annual report examining how each financial sector is performing....more
It’s getting difficult to keep up with the jargon of all of the new digital scams. The SaaSes in the beginning became regular business terms, such as Software-as-a-Service (SaaS), and Business Processes-as-a-Service (BPaaS)....more
Like many of you, I don’t answer my cell phone unless the number pops up as someone I know, because a majority of the calls I get are spam or robocalls. It’s so frustrating....more
The recent tragedy with gas customers in Massachusetts has everyone focused on their utilities. Which makes it a perfect time for scam artists to take advantage of worried customers—both individuals and small businesses....more