Consumers reported losing $201 million to romance scams last year — an almost 40 percent increase since 2018 per new U.S. Federal Trade Commission data from the Consumer Sentinel Network, according to a press release Wednesday (Feb. 12) from the agency. Romance scammers put their focus toward...
March 01, 2023
Fraud has a price tag — and it keeps going up. As reported by the Federal Trade Commission last week, consumers lost $8.8 billion last year to various fraud schemes, a whopping 30% over the previous year’s tally. The FTC reported that this past year investment scams reaped a significant share of ill-gotten gains. That’s […]
February 13, 2020
Consumers reported losing $201 million to romance scams last year — an almost 40 percent increase since 2018 per new U.S. Federal Trade Commission data from the Consumer Sentinel Network,...
