The COVID-19 pandemic saw a rise in reports of scammers pretending to be from government agencies. While reports slowed since peaking in early 2021, victims lost more than twice as much money, according to new research by Better Business Bureau® (BBB®). BBB warns people to use caution if they are contacted by a government agency demanding money or offering a government grant for a fee. After BBB published an in-depth study in 2020 to educate the public about how to detect Government Impostor Scams, reports to the Federal Trade Commission (FTC) soared. In 2021, consumers reported losses of more than $445 million in government impostor and government grant scams, up from $175.4 million reported in 2020.Likewise, BBB Scam Tracker data showed victims of government grant scams lost more money in 2021 than in the previous year. This type of scam is one of the top 10 riskiest scams reported to Scam Tracker, according to the 2021 BBB Scam Tracker Risk Report. Scam Tracker reports also showed
Wisconsin Better Business Bureau: Government imposter scams continue to be costly, new BBB research shows wisbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wisbusiness.com Daily Mail and Mail on Sunday newspapers.
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