Featured News and Updates
Press Release
Supporting Financial Empowerment: DFPI Opens New CalMoneySmart Grant Application Period
The DFPI announced that $3.2 million in grants is available through the 2026–2028 CalMoneySmart program for nonprofit organizations that provide free financial empowerment services to California residents.
Consumer Insights
The New Era of Tech-Enabled Scams
Feb 27, 2026
It may seem daunting to keep up with technology these days. As it evolves, it seems to create more opportunities for criminals to exploit consumers. The scale of the problem is huge, and it will take us all working together to turn the tide.
Alerts
WhatsApp Investment Groups Falsely Posing as a California-licensed Broker-dealer
Apr 15, 2026
The DFPI has received information that two WhatsApp investment groups, Freckie Capital and FRK Strategic Partner VIP3, are falsely posing as licensed broker-dealers, and convincing consumers to download the software application Bosonic (“App”).
Alerts
WhatsApp Investment Group called “Sofi Investment Group” Posing as a California-licensed Investment Adviser
Mar 9, 2026
The DFPI has received information that individuals are using the WhatsApp group “Sofi Investment Group” to falsely present themselves as licensed investment advisers.
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Important Notices
Proclamation of an Extraordinary Situation – DFPI Proclamation – 1/8/25
Jan 8, 2025
WHEREAS on January 7, 2025, Governor Gavin Newsom proclaimed that a state of emergency did then exist in Los Angeles and Ventura Counties of California due to extreme fire and windstorm conditions; and
Press Release
DFPI Shares Practical Steps for Your Family During National Consumer Protection Week
Mar 6, 2026
DFPI and the Attorney General shut down fraudulent websites; learn how to help protect your family and friends from scams; and take part in our survey on tech-enabled fraud.
Press Release
DFPI Orders Coinme to Provide $175,000 in Consumer Refunds
Feb 17, 2026
The DFPI today announced that it has ordered Coinme, one of the largest crypto kiosk operators in the state, to refund an additional $175,000 to California consumers who were unlawfully overcharged.
Monthly Bulletin
Monthly Bulletin – April 2026
Apr 1, 2026
- CCFPL Turns Five: A Look at Its Impact
- Report Cybersecurity Incidents to the DFPI
- WhatsApp Group Posing as Licensed Adviser