Blog | G5 Cyber Security

US consumers report $12M in COVID-19 scam losses since January

Federal Trade Commission says approximately $12 million were lost to Coronavirus-related scams according to consumer reports received since January 2020. Consumers reported 16,778 fraud incidents so far, with roughly 46.3% of fraud complaints also reporting a loss between January 1, 2020 – April 12, 2020. Most reports were received from California with 2,010 consumers saying that they were targeted by fraudsters, followed by Florida, New York, and Texas with over 1,000 complaints each. Scammers targeting consumers looking for travel and vacations deals were behind over 2,800 fraud attempts.

Source: https://www.bleepingcomputer.com/news/security/us-consumers-report-12m-in-covid-19-scam-losses-since-january/

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