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Complete Story
09/01/2021
Scammers have bilked consumers out of $545 million in Covid-related fraud
CNBC
Scammers have bilked Americans out of $545 million in Covid-related fraud since the beginning of 2020 in a range of schemes from online shopping to travel, according to the FTC.
The agency received almost 589,000 consumer complaints associated with the pandemic from Jan. 1, 2020 to Aug. 30, 2021. Roughly 61% of the reports concerned fraud; the median loss was $380.
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