Many Ways To Be Scammed
Posted by Richard on November 2, 2023
Imposter scams and online shopping top the Federal Trade Commission’s 2022 list of financial frauds.
A new August 2023 survey from GoBanking questioned more than 1,100 Americans aged 18 and older to find that huge numbers of people have been victims of financial frauds. The top frauds:
* Phone scams, like robocalls and texts: 43%
* Money transfer or mobile payment services: 30%
– The hardest hit at 43 percent are ages 18 to 24. Next are ages 45 to 54 at 35 percent.
* Online shopping: 23%
– Scammer pretends to be legitimate sellers and have a fake website or ad. About 23 percent are victims.
* Phishing: 18%
* Imposter scam: 17%
– Scammer pretends to be a loved one in trouble. Of respondents between ages of 35 and 44, 25 percent were victims.
* Social Security scam: 16%
– Of those ages 25 to 34, 21 percent said they had been victims of a social security scam.
Also ranking high on the list were scams for debt collection, romance, and taxes.