A new study has found that Americans lost an astounding $4.2 billion to online scams in 2020. The Big Apple, New York was hit particularly hard, losing $415,812,917 to scammers. Ouch!

SocialCatfish.com has released an incredible study on the State of Internet Scams 2021 using 2021 data from the FBI, IC3 and FTC.

Business owners, isolated singles and desperate people (i.e. the elderly) who were duped into fake investments lost the most amount of money as fraudsters continue to grow more sophisticated by the day, especially with a lot of us stuck at home due to continued COVID lockdowns.

Amongst the key findings, the exact amount of money stolen in America surpassed the reported $4.2 billion, after a poll of 722 scam victims found that 73% were too embarrassed to file a report!

The five most ‘scammed states’ are California, New York, Texas, Florida, and Ohio. Perhaps most surprisingly, Gen Z has seen a 52% surge in victims since…

Read full article at greekcitytimes.com

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