DELAWARE - Delaware consumers lost over $22.3 million to fraud in 2023, according to the Federal Trade Commission. There were over 6,800 reports of fraud in the state with a median loss of $490.
Reports were received directly from consumers as well as from federal, state and local law enforcement agencies, the Better Business Bureau, industry members and non-profit organizations.
The Federal Trade Commission said fraud losses are up nationwide, with consumers across the country losing more than $10 billion to fraud last year. This is up $1.2 billion from the year prior. More money was lost to investment scams than any other category, with the second highest reported loss coming from imposter scams.
Check out these six tips to protect yourself from fraud.
Fraud Statistics by Age
In 2023, the median loss for fraud was $500 for people in their 60s. That number increased for those in older age brackets.
Not all reports include usable age information. Age comparisons in Fraud Loss Reports per 100K Population are based on (1) reports indicating any monetary loss, and (2) population estimates are based on U.S. Census Bureau population estimates for 2021.