Americans Lost Record $10 Billion to Fraud in 2023, FTC Warns
Americans Lost Record $10 Billion to Fraud in 2023, FTC Warns
12 February 2024
In 2023, the U.S. FTC reported that Americans lost over $10 billion to scammers, a 14% increase from the previous year. Imposter scams were the most frequently reported, followed by online shopping scams and investment scams.