Tag: business impersonation
2 articles
Impostor Scams Expose Vulnerabilities, Cost $3.5B in 2025
Impostor scams are getting more sophisticated, with personalized attacks costing Americans a staggering $3.5 billion in 2025 - triple the losses since 2020. Social media platforms have become a primary channel for these scams, with $2.1 billion lost to online impostors alone.
FTC Warns of $3.5 Billion Losses to Imposter Scams
The Federal Trade Commission is sounding the alarm on imposter scams, which have led to a staggering $3.5 billion in losses - nearly triple the amount reported in 2020. This pervasive form of fraud has become the most reported category, accounting for almost a third of all fraud reports filed with the FTC.