Consumers reported losing the most to investment scams at $5.7 billion
Newly released Federal Trade Commission data show that consumers reported losing more than $12.5 billion to fraud in 2024, which represents a 25% increase over the prior year.
View Press Release: https://www.ftc.gov/news-events/news/press-releases/2025/03/new-ftc-data-show-big-jump-reported-losses-fraud-125-billion-2024
(END) Dow Jones Newswires
March 10, 2025 10:33 ET (14:33 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.