This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties.  Members and Law enforcement use only. Contact us for any permissions.  To do otherwise will result in the loss of membership.

Complete Story
 

05/24/2024

More than $46 million loss to fraud in Hawaii, according to FTC

Island News

HONOLULU (Island News) -- The Federal Trade Commission (FTC) released its latest numbers of Consumer Fraud and Identity Theft in Hawaii. The report showed that residents claimed to have lost more than $46 million to fraud in 2023.

And the median reported individual loss was $600 with more than 8,000 fraud complaints filed. But, the FTC notes these numbers are likely just a fraction of the fraud out there because it says a lot of scams go unreported.

Faye Chen Barnouw and Cristina Miranda from the FTC plus consumer partners report the top fraud categories in Hawaii include impersonator scams, online shopping, negative reviews plus, sweepstakes and lottery promotions.
 
"Business and government impersonator scams are the most common ones and business impersonator scams. They happen when someone pretends to be a well-known business like a business you've heard of like an employer or a tech support company. And they try to get your money or information. And we mentioned the increase in scam emails, which are mostly phishing emails. They're incredibly real looking," Miranda warned.

Read more...

Printer-Friendly Version


Resources

Alerts

The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.

more information
Resources

Resources

Your electronic library to help in fighting financial fraud for all of our partners.

more information