How Scammers Bilked $10 Billion from Americans in 2023


by The Birmingham Times

The Birmingham Times— Ten billion dollars. That is the reported amount Americans lost in 2023 to fraudulent activity. Remember this is the reported figure, think of the amounts stolen that went unreported. Technology has opened the flood gates to scammers. Consider 2.6 million Americans (roughly the population size of Chicago) reported losing the $10 billion to scammers last […]

Albany Herald—Americans were paid an additional $235 billion in interest in 2023, thanks to the Fed. New York (CNN) — If you’re carrying a lot of high-interest debt, the fact that the Federal Reserve once again did not cut interest rates at its Wednesday meeting may

WRAL.com—Americans were paid an additional $235 billion in interest in 2023, thanks to the Fed. New York (CNN) — If you’re carrying a lot of high-interest debt, the fact that the Federal Reserve once again did not cut interest rates at its Wednesday meeting may be disappointing, if not surprising.

ABC News—Americans older than 60 lost $3.4 billion to scams in 2023: FBI. Fraud against people older than 60 increased by 11% in 2023, according to a report released by the FBI on Tuesday.