American Consumers Lost $12.5 Billion to Fraud in 2024 - MSN

According to Federal Trade Commission data released Monday, American consumers reported losing more than $12.5 billion to fraud in 2024, amounting to a 25% jump from the year before. The FTC ... Read More

Investment scams costing victims more money every year - WCPO 9 News

Since 2020, the Better Business Bureau says it has received more than 4,000 reports from consumers about investment scams. In 2021, the median loss reported was $1,000. That figure jumped to ... Read More

Newest FTC Data Reveals Americans Lost Billions to Fraud in 2024 ...

Scams and fraud impact millions of people every year, and falling for a scam can mean losing thousands of dollars. The Federal Trade Commission (FTC) reported that in 2024, 2.6 million U.S ... Read More

US consumer fraud losses reach $12.5 billion in 2024

Newly released Federal Trade Commission data show that consumers reported losing more than $12.5 billion to fraud in 2024, which represents a 25% increase over the prior year. Predict 2025 Sign in ... Read More

Vermonters lost money to a variety of scams in 2024, with imposter ...

Consumers reported losing more money to investment scams − $5.7 billion − than any other category in 2024, with imposter scams coming in second, with reported losses of $2.95 billion. Read More

US consumer fraud losses top $12.5bn in 2024

In 2023, 27% of people who reported a fraud said they lost money, while in 2024, that figure jumped to 38%. Investment scams accounted for nearly half of losses - $5.7 billion, 24% up on 2023 . Read More

Fraud and scams plateaued but got more expensive in 2024

The median loss to imposter scams remained steady, around $800. However, the total money lost to imposter scams increased from $2.7 billion to $3.0 billion. This suggests that the relatively small ... Read More

Innovation in fraud: How scammers are targeting Americans in new and evolving ways

Money scams are becoming more sophisticated, with fraudsters targeting more consumers with cryptocurrency investment scams, fake online relationships and deceptive remote job postings. In 2024, ... Read More

Number of older adults who lost $100,000 or more to fraud has tripled ...

Number of older adults who lost $100,000 or more to fraud has tripled since 2020, FTC says By Greg Iacurci,CNBC • Published November 18, 2024 • Updated on November 18, 2024 at 9:41 am BOOKMARKER ... Read More

Editorial: Watch out for consumer fraud targeted just for you.

Irish scam-buster Jim Browning has more than 4 million subscribers to his YouTube channel. He’s one of several anti-con-artist vigilantes who have attracted impressive online followings. Read More