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The median fraud loss was $410. ... People lose big money when someone offers to "help" them invest: The median reported loss for investment scams was $7,700 in 2023, up from $5,000 in 2022 ...
Americans lost $10 billion to fraud in 2023, which is the highest this figure has ever been, according to the Federal Trade Commission. The losses were 14% higher last year than they were in 2022.
Lois Greisman, FTC's division of marketing practices associate director, said more than $10 billion in fraud losses were reported to the commission in 2023, which was a 14% increase in reported ...
Dominion sued Fox News for $1.6 billion, [46] and in February 2023 released subpoenaed internal Fox News communications that showed several prominent network hosts and senior executives—including chairman Rupert Murdoch and CEO Suzanne Scott—discussing their knowledge that the election fraud allegations they were reporting were false. The ...
The following contains a list of trading losses of the equivalent of US$100 million or higher. Trading losses are the amount of principal losses in an account. [ 1 ] Because of the secretive nature of many hedge funds and fund managers, some notable losses may never be reported to the public.
Types of fraud include voter impersonation or in-person voter fraud, mail-in or absentee ballot fraud, illegal voting by noncitizens, and double voting. [ 2 ] [ 3 ] [ 4 ] The United States government defines voter or ballot fraud as one of three broad categories of federal election crimes, the other two being campaign finance crimes and civil ...
South Carolina saw a 34.4% increase in fraud losses from 2022 to 2023. In the first 9 months of 2022, residents lost $60 million to fraud — that jumped to $80.5 million in 2023.
In 2023, Zelle said in its defense, the company saw a 27% increase in transaction volume but reports of scams and fraud decreased by nearly 50%. Some 99.95% of payments were sent without reports ...