Americans lost a record $12.5 billion to online fraud last year
More than $12.5 billion was lost in 2023 to online fraud in cases reported by the American public, according to the FBI’s annual Internet Crime Report — a 22% increase on the year before.
The report compiles information from the FBI’s Internet Crime Complaint Center (IC3) and shows a steady increase in fraud nearly across the board. The center registered more than 880,000 complaints. IC3 aggregates data only for reported cases, so the actual dollar figures could be much higher.
Investment fraud ...
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