Tag: government impersonation

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.