The Commodity Futures Trading Commission (CFTC) issued
a public warning about imposters posing as officials from its Office of
Inspector General, offering fake promises to recover lost money. According to the watchdog, these scammers contact
individuals, often previous victims of financial fraud, claiming to represent
the CFTC.
They present themselves as part of a legitimate
government effort to help people reclaim funds lost in earlier scams,
particularly those involving foreign accounts. The regulator urges anyone
contacted by someone claiming to be from the CFTC to exercise caution.
Criminals Capitalize on Prior Fraud
Individuals should avoid sharing any sensitive
information, including financial account numbers, Social Security numbers, or
private keys to digital wallets. This warning adds to a troubling trend in
which criminals capitalize on prior fraud to deepen losses.
“Scammers are contacting members of the public and claiming
to represent the CFTC Office of Inspector General,” CFTC mentioned today. “These imposters promise to help financial
fraud victims recover lost funds from foreign bank accounts, a ruse to further
defraud those already harmed by previous scams.”
By impersonating federal officials and exploiting hope
for restitution, they manipulate victims into renewed vulnerability. The CFTC
encourages members of the public to verify any outreach claiming to be from the
agency and to report suspicious interactions.
Expect ongoing updates as this story evolves.
The Commodity Futures Trading Commission (CFTC) issued
a public warning about imposters posing as officials from its Office of
Inspector General, offering fake promises to recover lost money. According to the watchdog, these scammers contact
individuals, often previous victims of financial fraud, claiming to represent
the CFTC.
They present themselves as part of a legitimate
government effort to help people reclaim funds lost in earlier scams,
particularly those involving foreign accounts. The regulator urges anyone
contacted by someone claiming to be from the CFTC to exercise caution.
Criminals Capitalize on Prior Fraud
Individuals should avoid sharing any sensitive
information, including financial account numbers, Social Security numbers, or
private keys to digital wallets. This warning adds to a troubling trend in
which criminals capitalize on prior fraud to deepen losses.
“Scammers are contacting members of the public and claiming
to represent the CFTC Office of Inspector General,” CFTC mentioned today. “These imposters promise to help financial
fraud victims recover lost funds from foreign bank accounts, a ruse to further
defraud those already harmed by previous scams.”
By impersonating federal officials and exploiting hope
for restitution, they manipulate victims into renewed vulnerability. The CFTC
encourages members of the public to verify any outreach claiming to be from the
agency and to report suspicious interactions.
Expect ongoing updates as this story evolves.
This post is originally published on FINANCEMAGNATES.
