Fraudsters Never Sleep

Did you know that Pennsylvania ranks in the top ten for US internet fraud?

In a perfect world, reports of internet scams would be a thing of the past. Unfortunately, fraudsters continue to stay a step ahead despite security measures improving daily. WTAJ reports that Pennsylvania residents lost over $108 million through online scams in 2020 and ranks No. 8 in money lost to scams across the United States, according to a study conducted by Social Catfish, an online search and verification site.

Top 10 states impacted by internet scams:

California $621,452,320
New York $415,812,917
Texas $313,565,225
Florida $295,032,829
Ohio $170,171,951
Illinois $150,496,678
Missouri $115,913,584
Pennsylvania $108,506,204
Virginia $101,661,604
Colorado $100,663,897

 

Common ways we’re fooled.

Fraudsters use their ingenuity to deceive us. It can be by phone, text, or online, using robocalls, viruses, pop-up ads, or setting up phony retailer sites. All prey on a person’s vulnerability, whether an enticing deal, a claim for financial security, unemployment benefits, health safety, even online dating. Their goal is to steal our information and/or our money.

Scams can include:

Stay safe.

The best fraud prevention is to stay a step ahead. Be aware of current scams, who you’re dealing with, and never overshare your information.

An ounce of prevention is worth a pound of cure.

Stay aware, educate yourself, and remember, if it sounds too good to be true, it probably is. Peruse these additional articles on fraud. And if you believe you are a victim of internet fraud, contact the FTC, or IC3.