FAIRMONT, W. Va. – Fraud is costing consumers more. According to the Internet Crime Complaint Center (IC3) 2005 Internet Crime Report, the total dollars lost from all referred fraud cases was $183 million, up from $68 million in 2004. Topping the list of complaints was Internet auction fraud-comprising some 63% of referred complaints. Of the individuals reporting dollar losses, the highest median losses were found among Nigerian letter fraud($5,000), check fraud ($3,800) and other confidence fraud ($2,025). Here is a look at some other report findings:
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.