Federal Reserve launches ScamClassifier model

Due to the growing prevalence and severity of scams, the Federal Reserve and an industry workgroup have developed the ScamClassifier model (Off-site), a voluntary classification structure designed to identify, classify, and report fraudulent activities. It helps differentiate and categorize scams based on methods, categories, and types.

• Use cases, geography and tags
• Organizations that created, adopted or are mentioned
• Ecosystem position
• Link to the original asset
• Comments and reactions