![]() ![]() ![]() So, how can you protect your family and finances from fraudsters? Īs e-commerce and mobile app payments have become part of modern life, the threat of Amazon scams is never far away. Īccording to the Federal Trade Commission (FTC), reports of Amazon scams increased by 500% between June 20, with victims losing more than $27 million to scammers. And within hours of the phone call, the man’s bank account was emptied of more than $124,000. Following the caller’s instructions, he set up a new Amazon profile attached to his bank account.īut the caller wasn’t from Amazon Security - it was a scammer. When an elderly man in Ohio received a call from Amazon Security telling him his personal account was in danger, he acted quickly.
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