Better Business Bureau issues reports on frauds that cost people the most
Answer to a newly issued report, Better Business Bureau just released her risk fraud report. It listed fraud in three different exposure factors, sensitivity and monetary loss. And in 2024, the BBB says the three most dangerous scams are investment fraud and cryptocurrency. Number two are employment frauds. And number three, the one I really hate the romance deceptions. All of these are frauds that I have warned you before. The report also found the chance of loss last year was 15% decreased by a year ago. That’s good, but what’s bad? The average loss was $ 130. This is a 30% increase from last year. Two other things I want to show you from this BBB report. The age group most affected by fraud, people 65 and more. They reported the highest average dollar loss, surprisingly followed by young people between the ages of 18 and 24 and the most imposed organization by fraudsters. It’s no surprise here. Publisher Cleaning House. This is a trick I hear for almost every day. The scammers did not leave and the eight news on your side will not cease either. We will keep the warnings coming for you.
Better Business Bureau issues reports on frauds that cost people the most
Updated: 8:15 PM EST 5 March 2025
Better Business Bureau just released her risk -hare’s risk report. List fraud in three factors: exposure, sensitivity and monetary loss. In 2024, the three most dangerous frauds were: Critocurrency’s investments/frauds: These frauds take many forms, including pressure for purchasing, trade, or preserving digital assets with fraudulent exchanges. More than 80% of the target people reported losing money. Had the second highest average dollar loss to $ 5,000. Employment frauds: These made up about 14% of all reported frauds. It had an average loss of $ 1,500. ($ 160), followed from the age of 18 to 24 ($ 150). Employment scams were the most dangerous for ages 18 to 34. Flexibility to work from home was the highest motivational factor to engage with Skamer. Poper reported that they were more likely to lose money when they engaged on social media. Almost 50% of social media frauds began when the victim responded to an ad or posting. Those who engaged with the rogue for more than a day were more likely to report money loss. Organizations imposed by the five most imposed organizations reported on Better Business Bureau were: publishers clearing housesu.s. Postar PapApAMAMAZSPECTRUM SERVICE
Better Business Bureau just released her risk -hare’s risk report.
List fraud in three factors: exposure, sensitivity and monetary loss.
In 2024, the three most dangerous scams were:
- Investment Fraud/CryoCurrency: These scams take many forms, including pressure to buy, trade or store digital assets with fraudulent exchanges. More than 80% of the target people reported losing money. Had the second highest average dollar loss to $ 5,000.
- Employment Fraud: These make up about 14% of all reported frauds. It had an average loss of $ 1,500.
- Scams Romance: These had the highest loss of average dollar of all kinds of fraud at $ 6,099.
These are all the scams that news 8 by you have warned.
Other findings
- The reported average dollar loss increased 30% from 2023 to 2024.
- The number of ratios with a monetary loss fell 14.6%.
- People 65 and older reported the highest average dollar loss ($ 160), followed by ages 18 to 24 ($ 150).
- Employment frauds were the most dangerous for ages 18 to 34. Flexibility to work from home was the main motivational factor to engage with the deceiver.
- People reported that they were more likely to lose money when they deal with social media. Almost 50% of social media frauds began when the victim responded to an ad or posting.
- Those who engaged with the rogue for more than a day are more likely to report money loss.
The organizations imposed
The five most imposed organizations reported to Better Business Bureau were:
- Publisher Cleaning House
- US Postal Service
- Paypal
- Amazon
- Spectrum