FTC says Americans lost $12.5B to scams last year — social media, AI and crypto didn’t help

March 11, 2025/in General News

You’re not the only one getting voicemails about your car’s extended warranty. According to the U.S. Federal Trade Commission (FTC), about 2.6 million people submitted reports on falling victim to fraud in 2024, totaling $12.5 billion in losses. That’s a big jump from $2.5 billion lost in 2023, when the FTC received roughly the same […]

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