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Business impersonation scams are the most reported type of financial fraud. According to a May report by the Federal Trade Commission (FTC), about 332,000 people fell victim to these scams in 2023 ...
According to the Federal Trade Commission, or FTC, 2023 Consumer Sentinel Network Data Book, about 20% of people targeted by an imposter scam in 2023 lost money, and the median loss was $800 ...
According to the Federal Trade Commission, scammers will send fake text messages to try and trick you into giving them personal information, like a password, account number, or Social Security number.
The Federal Trade Commission said there were no task scams in 2020, there were 5,000 in 2023 and then task scams quadrupled by the first half of 2024. The FTC says 'gamified' online job scams by ...
FTC data shows that in 2023 about one in five people lost money to a scam. A 2019 report by the Consumer Sentinel Network noted how people in their 20s and 30s were more likely to fall for scams ...
Consumers can also report scams, potential fraud and unwanted phone calls to the FTC so that it can investigate and build cases against fraudulent individuals and businesses.