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Reflecting on 2024: Scammers stole a record-breaking $12.5 billion from Americans, led by imposter scams

MY PROFESSION
1m ago

Scammer Posing as CEO Contacts Edwin Liava'a for Fake Project

  • A person claiming to be Joe, the CEO of MindGeek Labs, reached out to Edwin Liava'a regarding a supposed project, which turned out to be a scam.1
  • The scam involved an elaborate setup with high hourly rates and a substantial budget for a project that was ultimately fake.1
  • Edwin Liava'a highlighted the importance of verifying companies and individuals before engaging in projects to avoid scams.1
  • Edwin Liava'a shared insights on a scam involving a fake CEO and the importance of verification.
Hackernoon Icon Hackernoon
2h ago

Background

  • Deborah Patterson lost close to three grand to a scammer impersonating a Microsoft employee who instructed her to buy gift cards.1
  • In 2024, scammers stole a record-breaking $12.5 billion from Americans, with a significant portion attributed to imposter scams.1
  • The FTC reported that consumers lost $2.95 billion to imposter scams, which are the most commonly reported scams.1
  • Investment scams accounted for $5.7 billion in losses in 2024, making them the most financially damaging type of scam.1
  • In 2024, scammers stole a record-breaking $12.5 billion from Americans, with $2.95 billion lost to imposter scams.
  • Deborah Patterson lost close to three grand to a scammer impersonating a Microsoft employee.
  • Investment scams accounted for $5.7 billion in losses, making them the most financially damaging type of scam.
ABC11 Raleigh-Durham Icon ABC11 Raleigh-Durham

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