Scams and Fraud
Despite spam filters on our email and posted warnings from banks and other financial institutions, scams and fraud seem more prevalent today than ever. Clearly, scams would not exist if they were not successful. Newly released (Feb. 2023) Federal Trade Commission data shows that consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30% over the previous year. Topping the list are investment scams, followed by imposter scams. Scams and fraud seem to be hitting home. Those poorly written, error filled emails such as the Nigerian Prince scam, which has…
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October 4, 2023
