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FTC Reports $470 Million Lost to Text Scams in 2024

Summary by MyChesCo

WASHINGTON, D.C. — Consumers lost $470 million to text message scams in 2024, reflecting a troubling fivefold increase in financial losses since 2020, according to the Federal Trade Commission (FTC). …

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FTC Reports $470 Million Lost to Text Scams in 2024

WASHINGTON, D.C. — Consumers lost $470 million to text message scams in 2024, reflecting a troubling fivefold increase in financial losses since 2020, according to the Federal Trade Commission (FTC). …

20 days ago

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MyChesCo broke the news in 20 days ago on Sunday, April 20, 2025.

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