Pa. No. 10 state most affected by money scams: Forbes

from the Federal Trade Commission concerning fraud reports per 100,000 residents of a state’s population; each’s total number of fraud reports; the average losses due to fraud; and the total loss from fraud. The data was from the first three months of this year.“During the first quarter [of this year], Pennsylvania secured the fifth position for the highest number of fraud reports, with some 15,360 incidents recorded,” Forbes Advisor elaborates.

“For fraud losses, Pennsylvania claimed the eighth position with $38.8 million lost during the quarter. The state ranked 18th for median loss, at $500.” As for the state in first, that would be California: The Golden State appears to be particularly ripe with scamming opportunities, with about 47,000 reports of such fraud coming in during that three-month period making for a total loss of $249 million.If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

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