Losses From Investment Scams have Increased Six-Fold Since 2021
The Better Business Bureau (BBB) has observed a six-fold increase in losses from investment scams over the past three years.
The BBB has received more than 4,000 reports of investment scams since 2020, with the median reported loss rising from $1,000 in 2021 to almost $6,000 in 2024.
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