FTC: Americans lost $1.1 billion to impersonation scams in 2023
April 1, 2024 at 12:45PM Impersonation scams in the U.S. saw $1.1 billion in losses last year, a three-fold increase from 2020, says the FTC. Of 490,000 reported scams in 2023, 330,000 were business impersonations. Scams are mostly conducted through phone, email, and text, with blurred lines between business and government impersonation. The FTC highlights … Read more