Friday, February 5, 2021

FTC Consumer Alerts: The top frauds of 2020

Consumer Alerts from the Federal Trade Commission

by Monica Vaca, Associate Director, Division of Consumer Response and Operations

2020 was a tough year. Between the pandemic and the economic crisis, we all had our hands full. And scammers didn't take any time off either — 2020 was a busy year for fraud. In 2020, the FTC got more than 2.2 million reports about fraud, with people telling us they lost nearly $3.3 billion.

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This is a free service provided by the Federal Trade Commission.

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