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FTC releases 2024 frauds top list and record losses
The FTC’s Consumer Sentinel Network shows consumers lost more than 12.5 billion in 2024, a 25 percent rise from 2023, with 5.7 billion from investment scams and 2.95 billion from impostor schemes. BBB urges vigilance against crypto pitches and guaranteed returns, plus tips to verify government contacts and report fraud. Kelvin Collins, president of BBB Fall Line Corridor, notes 77 counties served and BBB resources for complaints.
MENTIONED IN THIS ARTICLE
Federal Trade Commission
FTC
Consumer Sentinel
Better Business Bureau
Sentinel
BBB
Kelvin Collins
Fall Line
Alabama
West Georgia
Georgia
East Georgia
South Carolina
Council of Better Business Bureaus
Bbb.org
Centralgeorgia