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 ...
Newly released Federal Trade Commission data show that consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached that benchmark. This marks a 14% increase over reported losses in 2022.
International Scammers Steal Over $1 Trillion in 12 Months in New ...
Nov 7, 2024 · The 2024 Global State of Scams report is clear: scams are costing consumers over $1 trillion globally, with dire financial, emotional, and social repercussions. While confidence in scam detection has improved, many consumers remain vulnerable, and only a small fraction recover their losses.
Scam victims have lost $1 trillion this year. How to protect yourself.
Nov 7, 2024 · Scammers have bilked victims worldwide out of a staggering $1.03 trillion in the past 12 months, a new report shows. That number is up from $1.026 trillion last year, according to the 2024 Global...
Scammers ramp up during the holiday season: How to protect …
Dec 17, 2024 · A new Better Business Bureau scam study update warns holiday shoppers to be on alert, especially for fake advertisements that offer deep discounts and hard-to-find popular items.The BBB has had a ...
Americans lose billions to social media scams: Red flags to spot
Oct 12, 2023 · Policymakers have long wrestled with tech giants over the potential abuse of encrypted messaging services such as WhatsApp and iMessage. Americans lost $2.7 billion combined to scams...
New FTC Data Show Consumers Reported Losing Nearly $8.8 …
Newly released Federal Trade Commission data shows that consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30 percent over the previous year. Consumers reported losing more money to investment scams—more than $3.8 billion—than any other category in 2022.
Americans reported $2.7 billion in losses from scams on ... - CBS News
Oct 6, 2023 · Since 2021, Americans lost $2.7 billion in scams from social media, the Federal Trade Commission said in a scam report published Friday. And that figure is only a fraction of the actual...
CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for …
Dec 20, 2024 · Proliferation of Scams. The holiday season in particular can bring a surge of scams. Learn more about common types of scams from the CFPB’s online resources. Consumers can submit complaints about financial products and services, including scams on payment networks, by visiting the CFPB’s website or by calling (855) 411-CFPB (2372).
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 ...