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Bogus Texts and Fake Jobs: Top Five Fraud Threats for 2023
Posted
February 4, 2023
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984
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February 4, 2023
984
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1:41Now PlayingFraudsters looking to make a quick buck are everywhere these days, and it’s expected to get worse.
Credit reporting agency Experian predicts the threat of fraud will surge in 2023 as swindlers try to capitalize on economic uncertainty. That would build on a pandemic-related increase in financial deception of people who were stuck at home and conducting most of their transactions online.
Americans filed a total of 2.8 million fraud reports in 2021, with consumer losses totaling more than $5.8 billion — a whopping 70% more than 2020, according to the most recent data available from the Federal Trade Commission.
In an increasingly digital world, it can be hard to distinguish between what’s real and what’s fake as scammers come up with more sophisticated schemes, said Kathleen Peters, chief innovation officer at Experian Decision Analytics in North America.
Here are five fraud threats to be wary of in 2023, according to Experian’s Future of Fraud forecast.
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