Fiatvisions.com Exposed: A Scam You Need to Know About!

 



Learn how to report them, protect your assets, and spread the word to prevent others from falling into the same trap. Protect yourself and others by understanding the risks associated with fraudulent websites like Fiatvisions.com.

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Consumers lost $5.8 billion to fraud last year — up 70% over 2020

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American consumers reported losing more than $5.8 billion to fraud last year, up from $3.4 billion in 2020 (an increase of more than 70%), the Federal Trade Commission said Tuesday. Almost 2.8 million consumers filed a fraud report to the agency in 2021 — the highest number on record dating back to 2001, according to the FTC. About 25% of those scams led to a financial loss, with the typical person losing $500. The true toll is almost certainly higher since some incidents likely weren’t reported to the agency. Those figures also don’t include reports of identity theft and other categories. More than 1.4 million Americans also reported being a victim of identity theft in 2021; another 1.5 million filed complaints related to “other” categories (including credit reporting companies failing to investigate disputed information, or debt collectors falsely representing the amount or status of debt). Both sums are annual records, according to the FTC. Fraud has ballooned during the Covid-19 pa...
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