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The top frauds of 2020 | Consumer Advice

June 24, 2023

The top fraud of 2020 was imposter scams. Scammers showed up wearing many different hats — from that of a government official, to a known business, to a dear family member or friend. The FTC got nearly 500,000 reports of imposter scams, and people reported losing a lot of money to these scammers: $1.2 billion, with a median loss of $850.

https://consumer.ftc.gov/consumer-alerts/2021/02/top-frauds-2020

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