How to protect yourself from online scams after Americans lose more than $10B in 2022

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How to protect yourself from online scams after Americans lose more than $10B in 2022
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Online scammers stole over $10 billion from Americans in 2022! Here's a quick tip to avoid getting tricked.

Here's a quick online scams tip., online scammers stole $10.3 billion from consumers in 2022. That's a 49% increase from 2021.

Teens saw the largest increase in money lost. In 2021 to 2022, teens had the largest increase in money lost to online scams at a whopping 107%.And, Illinois makes the top ten most-scammed states. The top ten-most scammed states are California, Florida, New York, Texas, Georgia, New Jersey, Illinois, Pennsylvania, Alabama and Arizona.

Only 4.2% of stolen funds are recovered. Only $433 million was recovered by the FBI IC3 Recovery Asset team of the total $10.3 billion lost.The golden rule is to never give money or personal information to someone you haven't met in person.Watch out for "romance scams" and red flags, like poor grammar, and potential dates refusing to video chat.

And, always beware of anyone asking for payment in gift cards or crypto. Crypto scams are to blame for 25% of money lost, according to Social Catfish. Finally, don't invest in anything without doing thorough research and contacting a financial advisor.

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