Top Stories
- These nearly half of all fraud reported to the FTC, and has jumped five-fold since 2020
- Losses of $1.1 billion in 2023
- Initial contacts by phone are down; emails and texts are up
- Scammers claim to be:
- Security alerts, phony subscription renewals, fake law enforcement, supposed delivery problems; phony giveaways
- Money sent through bank to bank transfers and bitcoin
