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02/15/2024

ND consumers lost millions to scams

Minot Daily News

North Dakota consumers submitted 3,181 fraud reports in 2023, according to newly released data from the Federal Trade Commission. The state’s consumers reported losing more than $15.66 million to fraud, with a median loss of $500.

The FTC’s Consumer Sentinel Network is a database that receives reports directly from consumers, as well as from federal, state and local law enforcement agencies, the Better Business Bureau, industry members and nonprofit organizations. Reports from around the country about consumer protection issues – including identity theft, fraud and other categories – are a key resource for FTC investigations that stop illegal activities and, when possible, provide refunds to consumers.

Across all types of reports, the FTC received 5,598 reports from consumers in North Dakota in 2023.

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