59.4 million Americans (23%) report having lost money as a result of phone scams in the past 12 months, the highest recorded in seven years of Truecaller research

NEW YORK, June 29, 2021 /PRNewswire/ — Truecaller, the world’s best caller ID and spam blocking app, today announces the results of its seventh annual “Insights U.S. Spam & Scam Report.” The research was conducted in partnership with The Harris Poll in March of 2021 and its findings detail trends on the growing number and methods of phone scams that have permeated the U.S. over the last 12 months.

Total Americans That Lost Money To Scam Calls

According to the study, one in three Americans (31%) reported having fallen victim to phone scams, 19% on more than one occasion. This past year has proven to be the most costly year ever, with an average reported loss of $502, up 43% ($351) from last year’s 2020 report. Over the last seven years, Truecaller has seen decreases in…

Read full article at finance.yahoo.com

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