Victims have lost a combined $488 million, mostly from fraud involving online shopping and travel. The child tax credit poses a new opportunity for scammers.
The actual amount of fraud may be much higher, since the data only reflects scams that the public reports to the FTC.
Americans increased their online orders during the pandemic as they spent more time indoors. But many were victims of "opportunistic websites" claiming to sell popular items — anything from hand sanitizer to gloves, electronics, clothing and even puppies, according to the FTC. Customers order the item but then never receive it.
Travel has rebounded as Covid vaccinations increase — and fraudsters have responded by creating fake airline ticket booking sites or customer service numbers,Some have involved victims searching online for cheap flights and finding what appear to be great deals with major airlines, according to the Bureau. Travelers should use caution and double check a website URL or phone number before providing credit card information, the Bureau suggests.
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