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FTC: Consumer Fraud Jumped 70% in 2021

FTC: Consumer Fraud Jumped 70% in 2021

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Consumers reported losing more than $5.8 billion to fraud in 2021, a 70% jump from the year before, the Federal Trade Commission (FTC) said Tuesday (Feb. 22). According to the FTC, the commission received reports from more than 2.8 million consumers in 2021, mostly victims of imposter scams, which accounted for more nearly half of […]

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