CFTC-PR-9025-24 (12-18-24) (CFTC-PR-2412)

Resolve to Spot Scams in 2025 Says a New CFTC Customer Advisory

Excerpt:  December 18, 2024 – WASHINGTON, D.C. — A new Commodity Futures Trading Commission customer advisory suggests adding “spotting scams” to your list of New Year’s resolutions.

The Office of Customer Education and Outreach’s Avoiding Fraud May be Your Best Resolution says that with scammers robbing billions of dollars from Americans through relationship investment scams, resolving to be careful about who you trust online, staying informed, and learning all you can about trading risks are admirable 2025 resolutions.

“It is a good idea to start thinking about your resolutions now, especially when it comes to your finances. If one of your goals is to grow your wealth, arming yourself with tools to prevent losing money to fraud will help. This advisory provides resolutions to help avoid falling for widespread scams,” said Melanie Devoe, director of the CFTC’s Office of Customer Education and Outreach.

The advisory provides information on how to resolve to:

• Be more cautious about who you trust online
• Invest in learning from reliable sources
• Protect yourself and others

If you think you have been defrauded, despite your best efforts, the advisory provides resources to help you report the fraud.

Source:  https://www.cftc.gov/PressRoom/PressReleases/9025-24

Categories:  Agency Advisory

CFTC-PR-9025-24 (12-18-24)