Supreme Court limits FTC's ability to make fraudsters reimburse consumers

Apr 23, 2021
In its unanimous ruling, the court says the FTC could always ask Congress for more authority to recover money for victims.
Over the past five years, the FTC says it’s returned over $11 billion to victims using the method that the court just struck down.
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As Feds go after PPP fraud, businesses apply for loan forgiveness

Sep 23, 2020
Getting that debt pardoned is a rigorous process right now. Some want to simply excuse loans under $150,000.
A small boutique selling masks and gloves in Arlington, Virginia in April.
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How undiagnosed Alzheimer's can impact personal finances

Oct 25, 2019
Early-stage Alzheimer's linked to unwise financial decision-making and vulnerability to financial exploitation.
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Brains and Losses: Part VI

Scammers are not always a faceless voice on the phone.
Rose Conlon/Marketplace

Brains and Losses: Part V

Suspicious or unusual bank activity can often signal a scam; but should a teller be able to monitor a long-time account holder’s ledger activity to flag a possible scam?
Rose Conlon/Marketplace

Brains and Losses: Part IV

Financial scammers are part of coordinated efforts to target victims. The Federal Trade Commission took in more than a half a million complaints of imposter scams alone in 2018. But finding and convicting perpetrators is rare. Marketplace Morning Report’s David Brancaccio looks at what federal regulators are doing to target scammers.   Brains and Losses: […]
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Brains and Losses: Part III

What changes to the brain might make a person more vulnerable to financial scams?
Rose Conlon/Marketplace

For public good, not for profit.

Brains and Losses: Part II

What happens when you're scammed out of almost $200,000?
Rose Conlon/Marketplace

Brains and Losses: Part I

Experts say it’s time for a national conversation about protecting seniors from scams.
Rose Conlon/Marketplace