FK
Frankfurt Kurnit Klein & Selz
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he Federal Trade Commission just released data showing the top “scams” reported to the FTC in 2024. As the FTC explained, “Those reports help the FTC bring enforcement cases and educate people about scams.”
United States
Media, Telecoms, IT, Entertainment
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The Federal Trade Commission justreleaseddata showing
the top “scams” reported to the FTC in 2024. As the FTC
explained, “Those reports help the FTC bring enforcement cases
and educate people about scams.”
The top five areas where the FTC received complaints in 2024
were:
- Imposters;
- Online shopping and negative reviews;
- Business and job opportunities;
- Investments; and
- Internet services.
Interestingly, the FTC also reported that, although the FTC
received roughly the same number of complaints as it did from the
year before, “more people lost a lot more money to
fraud.”
Some other key conclusions that the FTC reached were:
- The biggest losses happened by bank transfer or payment,
followed by cryptocurrency; - Investment scams led to big losses;
- People reported losing money more often when contacted through
social media; - Job scams and fake employment agency losses jumped a lot;
and - Younger people lost money more often.
www.fkks.com
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Selz is not engaged herein in rendering legal advice, and shall not
be liable for any damages resulting from any error, inaccuracy, or
omission. Our attorneys practice law only in jurisdictions in which
they are properly authorized to do so. We do not seek to represent
clients in other jurisdictions.
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