
Fraud and online scams
- Legitspytech

- Aug 8, 2023
- 3 min read
Fraud and online scam are serious problems that affect millions of Americans every year. According to the Federal Trade Commission (FTC), consumers reported losing more than $3.3 billion to fraud in 2020, up from $1.8 billion in 2019¹. The most common types of fraud include imposter scams, online shopping scams, identity theft, and phishing scams¹. These scams can cause financial losses, emotional distress, and damage to one's credit and reputation.
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