Author: Federal Trade Commission

VIDEO: Federal Trade Commission Warns Against Scammers Posing as Tech Support Companies

You’re working on your computer when, suddenly, a message pops up on the screen: “Virus detected! Call now for a free security scan and to repair your device.” That’s a tech support scam. Don’t call, text, or email. Legit tech support companies don’t operate that way.

WATCH: Federal Trade Commission Sues Two Companies Involved in Phantom Debt Scheme

Have you ever gotten a call about a debt that isn’t yours? That’s known as a phantom debt, and earlier this week, the FTC and the New York Attorney General’s Office announced that they are suing two players in an alleged phantom debt scam: Hylan Asset Management and Worldwide Processing Group.

CRIME WATCH: FTC Warns Small Businesses Being Targeted With Credit Card Processing Scams

If you’re in a small business, you probably need a way for people to pay you – and ways to lower your costs. Scammers have been working both of those angles, promising businesses that they can save on leases of credit card processing equipment. They’ve also been promising that businesses can cancel any time.