"Unraveling the $50K Scam: Insights from F.T.C., C.I.A., and Amazon"

1 min read
Source: The New York Times
"Unraveling the $50K Scam: Insights from F.T.C., C.I.A., and Amazon"
Photo: The New York Times
TL;DR Summary

New York Magazine's finance advice columnist, Charlotte Cowles, shared her experience of falling victim to a $50,000 scam orchestrated by individuals impersonating Amazon, the Federal Trade Commission, and the Central Intelligence Agency. The scammers claimed she was a victim of identity theft and convinced her to withdraw money from her bank for safekeeping. The article explores what actions Amazon, the F.T.C., and the C.I.A. would take if someone was actually a victim of identity fraud.

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