US Residents Lost $300 Million To Imposter Scams This Year

Impostor scams top the list as the most common and lucrative consumer fraud in the United States six years in a row. According to data presented by Atlas VPN, US residents reported 168,818 imposter scam cases in the first half of 2020, which make up nearly one-tenth of all scams registered in the US this year.Q3 2020 hedge fund letters, conferences and moreA total of 22% imposter scam cases resulted in monetary damages amounting to a whopping $299.9 million in losses with a median loss of $694.Imposter scams are precisely what they sound like — criminals reach out to individuals via email, pho…

Read More

HEDGE accordingly