US EditionAmericans Lost $470 Million to Text Scams in 2024. Here's How to Protect Yourself
- Scammers defrauded Americans of $470 million through text messages in 2024, a fivefold increase over losses reported in 2020, according to the Federal Trade Commission .
- Fake package delivery notices were the most common scams, followed by fake job offers and bank alerts, according to the FTC.
- The FTC warned that scammers are impersonating legitimate businesses to promote fake job offers and send bogus notices.
- People are urged to forward suspicious messages to 7726 and verify unknown texts before responding, as advised by the FTC.
14 Articles
14 Articles
Americans lost $470 million in 2024 to scams that started with a text message
Americans reported losing $470 million to scams that started with text messages, according to new data from the Federal Trade Commission. The most commonly seen text scam was the fake package delivery scam. Victims receive alerts about a supposed issue with an incoming delivery and a link. The FTC said other common text scams involved fraud alert messages sent to consumers warning about a suspicious purchase or an issue with their bank, warnings…
Text Scams Cost $470M in 2024, FTC Warns of Rising Losses - The Southern Maryland Chronicle
Consumers lost $470 million to text message scams in 2024, a fivefold increase from 2020, despite fewer reported incidents, according to new data released by the Federal Trade Commission on April 17, 2025. The most prevalent scam involved fake package delivery alerts, where fraudsters texted about supposed delivery issues, often luring victims to phishing links. Other common schemes included bogus job offers, fraudulent bank alerts, fake unpaid …
Fraud alert - texting scam - Cordele Dispatch
Many of these messages may say your account is under review or ask if you approve a recent charge, followed by a link to dispute it or to verify your account. How to Protect Yourself: Verify the Message: Always contact your bank directly via their official website or phone number to verify the authenticity of any text message. Don’t Click on Links: Avoid clicking on links in text messages, as they may lead to phishing sites. Don’t Share Informa…
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