Vasily Pindyurin | fStop | Getty ImagesConsumers lost a record $10 billion to fraud in 2023, and imposter scams were the most prevalent swindle, according to the Federal Trade Commission.
Nearly 854,000 people filed complaints to the FTC about imposter scams in 2023.
Consumers lost $2.7 billion to such scams in 2023, according to FTC data.
In addition to financial loss, "we know fraud causes significant emotional and psychological harm," he added.
Fraud victims lost $1.9 billion and $1.4 billion via these payment channels, respectively, in 2023.
Persons:
Vasily Pindyurin, Hardeep Rai, Rai, —, fraudsters, Breyault
Organizations:
fStop, Getty, Federal Trade Commission, Consumers, FBI