#ReportFraud

FTC warns scammers are impersonating its employees to steal money

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March 19, 2024 at 03:19PM The FTC warns of scammers posing as its employees to deceive consumers into transferring money, resulting in a median loss of $7,000. Guidelines for identifying these fraudulent activities have been issued, with consumers urged to report any scams. The FBI also provides tips to defend against such scams, as online … Read more

Americans lost record $10 billion to fraud in 2023, FTC warns

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February 9, 2024 at 10:24AM The FTC reported over $10 billion losses to scammers in 2023, a 14% increase from the previous year. Ransomware payments also hit a record of over $1.1 billion. Imposter scams were the most reported fraud, with investment scams leading in losses. The FTC added 5.4 million consumer reports to their … Read more