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  2. Zelle scams prompt federal probe into whether banks are ... - AOL

    www.aol.com/news/zelle-scams-prompt-federal...

    The chief executive of Early Warning Services, which runs Zelle, told a Senate subcommittee in July that only 0.1% of the transactions on Zelle involved a scam or fraud; in 2023, the company said ...

  3. Job scams surged 118% in 2023, aided by AI. Here's how to ...

    www.aol.com/news/job-scams-surged-118-2023...

    Consumers reported losing $367 million to job and business opportunity scams in 2022, up 76% year over year, according to the Federal Trade Commission. The typical victim lost a “whopping ...

  4. List of Ponzi schemes - Wikipedia

    en.wikipedia.org/wiki/List_of_Ponzi_schemes

    МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time. By different estimates from 5 to 40 million people lost up to $10 billion. The company started attracting money from private investors, promising annual returns of up to 1,000%.

  5. 12 Best Online Banks for Checking and Savings Accounts in 2021

    www.aol.com/finance/12-best-online-banks...

    These are the best online banks of 2021 for checking, savings and money market accounts, starting with our top pick. Editor’s note: APYs are accurate as of September 23, 2021. 1. Axos Bank. 5 ...

  6. Pork barrel scam - Wikipedia

    en.wikipedia.org/wiki/Pork_barrel_scam

    The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund granted to each member of Congress for spending on priority development ...

  7. Scam - Wikipedia

    en.wikipedia.org/wiki/Scam

    Scam. A scam, or a confidence trick, is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using a combination of the victim's credulity, naïveté, compassion, vanity, confidence, irresponsibility, and greed. Researchers have defined confidence tricks as "a distinctive species of ...

  8. 6 Sneaky Ways Restaurants Trick You Into Spending More Money

    www.aol.com/6-sneaky-ways-restaurants-trick...

    The free bread basket and chips. In a TikTok posted earlier this week, user Cowgirl.Crystal claimed that the reason restaurants fill you up on so much free bread and chips is because "you will ...

  9. Mandatory offer - Wikipedia

    en.wikipedia.org/wiki/Mandatory_Offer

    In mergers and acquisitions, a mandatory offer, also called a mandatory bid in some jurisdictions, is an offer made by one company (the "acquiring company" or "bidder") to purchase some or all outstanding shares of another company (the "target"), as required by securities laws and regulations or stock exchange rules governing corporate takeovers.