How the rewards app Freecash scammed its way to the top of the app stores
Freecash was removed from Apple’s App Store after TechCrunch reached out for comment.
Freecash was removed from Apple’s App Store after TechCrunch reached out for comment.
The agency reports that losses from social media scams have increased eightfold and that social media scams resulted in higher losses than any other method scammers used to contact consumers.
The tech giant said a group called “Outsider Enterprise” used AI to scam hundreds of thousands of victims, sending 2.5 million text messages over a span of two weeks.
A new FTC lawsuit reveals how sophisticated subscription app operators can allegedly use shell companies and payment infrastructure to stay active on app stores despite mounting consumer complaints.