Americans report 168k imposter scam cases amounting to $300M in losses YTD
According to data extracted and analyzed by Atlas VPN, the United States residents reported 168,818 imposter scam cases amounting to $299.9 million in losses in the first half of 2020 with a median loss of $694. That is more than two times less than in H1 2019 when the US consumers reported 355,866 imposter fraud cases.
Nevertheless, while the number of imposter scams in the first half of 2020 dropped compared to the same period last year, the amount of consumers who incurred loss due to such scams doubled. It grew from 11% in 2019 to 22% in 2020.