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U.S. Fraud and Identity Theft Losses Topped $10 Billion In 2023

The FTC logged more than 1 million identity theft reports in 2023. These reports included more than 2.6 million cases of related fraud, with total losses of more than $10.3 billion.

Key findings include:

  • Impostor scams, where criminals pose as trusted entities, was the top-reported fraud category.

  • Credit card abuse was the largest category of identity theft.

  • More victims reported being contacted by email than any other method.


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