The FTC has released a great report worth reading. See the article caption and link below.
R. Coleman, CPAM
Fraud harms 25.6 million people: Anyone you know?
The FTC is always working to know more about the types of fraud being committed and who spends money on them. Periodically, we survey consumers and ask them to share details about their recent marketplace experiences and a bit about themselves. Our most recent survey found that nearly 11% of U.S. adults — an estimated 25.6 million people — paid for fraudulent products and services in 2011.
There were an estimated 37.8 million incidents of fraud because some respondents, especially those who bought bogus work-at-home programs, made multiple purchases. The survey report has rich details about the financial circumstances and demographics of consumers surveyed, including how they found and paid for fraudulent products, and how shopping and payment methods have changed since 2005.
Click the link to the FTC site for the report.FTC Fraud Survey Report 4/23/13
There were an estimated 37.8 million incidents of fraud because some respondents, especially those who bought bogus work-at-home programs, made multiple purchases. The survey report has rich details about the financial circumstances and demographics of consumers surveyed, including how they found and paid for fraudulent products, and how shopping and payment methods have changed since 2005.
Click the link to the FTC site for the report.FTC Fraud Survey Report 4/23/13
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