Nationwide Fraud Statistics
Fraud cost American consumers $8.8 billion in 2022.
While the total amount of fraud reports dropped to 2.4 million in 2022 from 2.9 million the prior year, the aggregate amount lost to scams jumped 44%.
Imposter scams were the most used forms of fraud reported. Victims lost a total of $2.6 billion, up from $2.4 billion in 2021.
Young adults, between the ages of 20 and 29, reported more frequent instances of losing money compared to older adults, aged 70 to 79. However, when older adults experienced monetary losses, they surpassed all other age groups in the amount lost.