This is how scammers are trying to steal your money
Credit: WJZY
(FOX NEWS) - Scammers, fraudsters and other criminals were hard at work last year.
The Federal Trade Commission received 3 million consumer complaints in 2018, according to a report conducted by the Consumer Sentinel Network.
Consumers reported losing $1.4 billion from fraud cases, alone, which ranged from dollar amounts as low as $1 to more than $10,000.
The median loss among all fraud reports last year was $375 – but were much higher in some categories, including mortgage foreclosure relief/debt management ($1,377), business and job opportunities ($1,304) and foreign money offers/counterfeit check scams ($1,214).
Of the total complaints, nearly half were related to fraud, while 15 percent pertained to identity theft. Of all fraud cases, consumers reported losing money in about one-quarter of them.
Read more at FoxNews.com.