New FTC Data: FTC Received Nearly 1.7 Million Fraud Reports – Imposter scams take top spot in 2019

mood · Jan 26, 2020

New FTC Data Shows that the FTC Received Nearly 1.7 Million Fraud Reports, and FTC Lawsuits Returned $232 Million to Consumers in 2019
Imposter scams take top spot in 2019 fraud reports
January 23, 2020
https://www.ftc.gov/news-events/pre...-ftc-received-nearly-17-million-fraud-reports

New data released by the Federal Trade Commission shows that FTC actions led to more than $232 million in refunds to consumers across the country in 2019.
Over the last four years, consumers have cashed more than $1 billion in FTC refund checks.

In addition to refunds, the newly released data also shows that the FTC received 3.2 million reports to its Consumer Sentinel Network in 2019. Reports from around the country about consumer protection issues are a key resource for FTC investigations that stop illegal activities and, when possible, provide refunds to consumers.

The most common type of fraud reported to the FTC in 2019 was imposter scams; government imposter scams, in particular, were the most frequently reported, and up more than 50 percent since 2018. Of all reports received, the top categories were identity theft, imposter scams, telephone and mobile services, online shopping, and credit bureaus.
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New FTC Data: FTC Received Nearly 1.7 Million Fraud Reports – Imposter scams take top spot in 2019

mood Updates Team

Log in or Sign up

New FTC Data: FTC Received Nearly 1.7 Million Fraud Reports – Imposter scams take top spot in 2019

mood Updates Team

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