Consumers lost over $12.7 billion to fraud in 2024, according to the Federal Trade Commission’s (FTC’s) annual Consumer Sentinel Network report. There were around 2.63 million fraud reports, with a money loss reported in 38% of these cases.
In this article, we look at the top 10 most common types of fraud based on FTC reports, explain how the fraud happens and what you can do to protect yourself
