DIFI Alerts Arizonans: Stay Vigilant Against Evolving Scams Aimed at Financial Exploitation

PHOENIX, AZ – The Arizona Department of Insurance and Financial Institutions (DIFI) is alerting consumers about the persistent and evolving threat of scams designed to defraud individuals of their hard-earned money. Fraudsters continuously adapt their tactics, often impersonating trusted entities and exploiting new technologies to pressure or trick potential victims.
Recent trends show scammers leveraging various methods, including government impersonation texts, as well as schemes involving virtual currencies like Bitcoin. These methods are merely tools in a scammer's arsenal, all with the ultimate goal of extorting money from unsuspecting Arizonans.

Read the entire press release. Arizona Department of Insurance and Financial Institutions, July 1, 2025