Sunday, July 25

Money

Economic impact payments, Economy, Money, Petition, Politics, Stimulus, Weekend BI UK, White House

Stimulus check petitions calling for a 4th round of $2,000 monthly payments gain almost 3 million signatures

Almost 3 million people signed Change.org petitions for a fourth round of stimulus payments. Americans need payments "so that we can keep our heads above water," one creator told Newsweek. White House Press Secretary Jen Psaki has said President Joe Biden's open to new stimulus plans. LoadingSomething is loading. ...
Bitcoin, Bitcoin scam, Cryptocurrencies, Finance, Fraud, Money, Tech, Weekend BI UK

Crypto scams are preying on vulnerable people. Many victims are deceived online, including an elderly woman who lost thousands.

Cryptocurrency scams are on the rise, with victims often being tricked out of thousands of dollars.This is backed up by recent data from the FTC, which shows that since October 2020, consumers have reported losing more than $80 million to cryptocurrency scams. This represents an increase of more than ten-fold year-on-year.In one such case, a 77-year-old woman lost more than $12,000 after being lured into a bitcoin scam, Chicago Tribune reported. The incident occurred after the Indiana-based woman received an email alert last month claiming to warn her of fraudulent activity on her PayPal account. She was advised to buy $3,500 in bitcoin on the cryptocurrency trading platform, Coinbase, and was later instructed to share her ba...