Scam victims have lost $1 trillion this year. How to protect yourself.
6 days ago · The hardest hit victims were in the U.S., where the average loss per scam victim was $3,520, followed by victims in Demark and Switzerland, who lose $3,067 and $2,980 respectively.
Banks are reporting a tenfold surge in digital scams, cybersecurity ...
16 hours ago · Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.
Job scams surged 118% in 2023, aided by AI. Here's how to ... - NBC News
Jul 8, 2024 · The typical victim lost a “whopping” $2,000, the FTC said. Job scams aren’t the most prevalent fraud: They accounted for only 9% of total identity scams in 2023, second to Google Voice scams ...
A record $12.5 billion in online scams were reported to the FBI last ...
Mar 6, 2024 · A record $12.5 billion in losses from online scams were reported to the FBI in 2023, fueled by a surge in cryptocurrency investment fraud, the bureau said in a report released Wednesday.
As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up ...
The FTC released data showing that consumers reported losing more than $10 billion to fraud in 2023, with investment scams and imposter scams leading the way. The FTC also announced its actions to combat fraud, such as a rulemaking on impersonator fraud and a …
Americans lose billions to social media scams: Red flags to spot
Oct 12, 2023 · Americans lost $2.7 billion to scams on social media in 2021-2023, according to the FTC. Learn about the most common types of fraud, such as fake investments, romance scams and online...
Who’s who in scams: a spring roundup - Federal Trade Commission
May 24, 2024 · Learn how scammers impersonate businesses, use social media, and demand payment methods like gift cards and cryptocurrency. See the most reported scams, losses, and tips to avoid them from the FTC.
FTC Data Shows Consumers Report Losing $2.7 Billion to Social …
Oct 6, 2023 · New data from the Federal Trade Commission shows that scams originating on social media have accounted for $2.7 billion in reported losses since 2021, more than any other contact method. In a new data spotlight, the FTC also takes a deep dive into social media scam trends in the first half of 2023. Reports during the first half of the year show ...
Feds announce nationwide crackdown on robocalls and ... - NBC News
Jul 18, 2023 · U.S. regulators on Tuesday announced a nationwide crackdown to stop companies from inundating people with billions of unwanted and illegal robocalls and telemarketing calls.
Scammers swipe billions every year and aren't slowing down | AP News
Jul 7, 2024 · Internet and telephone scams have grown “exponentially,” overwhelming police and prosecutors who catch and convict relatively few of the perpetrators, said Kathy Stokes, director of fraud prevention at AARP’s Fraud Watch Network.