130,000 scam reports in 2023 involve impersonated well-known companies, with bank transfers & crypto investments as top payment methods.

New FTC data reveals scammers impersonated well-known companies in 130,000 reports in 2023, with bank transfers and cryptocurrency investments being the top payment methods. To combat fraud, consumers and companies should verify communications, avoid rushing to pay, and report scams to the FTC. Both companies and customers have a shared responsibility to prevent fraudulent payments.

August 01, 2024
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