In a stark reminder of the growing threat of financial scams, Deborah Moss, owner of a small catering business, found herself ensnared in a sophisticated bank scam that started with a seemingly harmless text message. Moss, who had dedicated over a decade to building her business, says she had finally accumulated enough savings to…
Americans are losing millions of dollars every year to criminals who steal money from their bank accounts through fraudulent wire transfers. Some U.S. senators are now pressing major banks for answers about what they are doing to stop the scammers. In a letter to JP Morgan Chase, Citibank, Bank of America and Wells Fargo,…
After spending years saving money in the hopes of starting a family, Russell Leahy and his wife are now forced to live paycheck to paycheck. Leahy, a 28-year-old teacher from Fort Worth, Texas, recently lost $32,000 to scammers who tricked him into revealing sensitive financial information. Don’t miss “It was my entire life savings,” Leahy…
©Shutterstock.com It seems like for just about everything we do, there’s an app for it. Messaging, social media, gaming and more — you name it, and you’re probably using an app. However, when it comes to tasks like mobile banking and personal finance management especially, mobile app usage today is on the rise. I’m a…
Microsoft co-founder Bill Gates leaves the “AI Insight Forum” in the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, D.C.Photo: Chip Somodevilla (Getty Images) Despite co-founding one of the most successful companies in the world, Bill Gates says he isn’t ready to stop working. The Microsoft co-founder said he hopes…