Savvy Consumer Information Center - Scams and Frauds
Savvy Consumer Information Center - Scams and
Here are some of the
latest Scams, Frauds, and Consumer Abuse items in the news.
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FTC Releases Top 10 Consumer Complaint
Categories in 2003 -
The Federal Trade Commission has released its annual report detailing consumer complaints about identity theft and
listing the top 10 fraud complaint categories reported by consumers in 2003. For the fourth year in a row, identity theft
topped the list, accounting for 42 percent of the complaints lodged in the agency's Consumer Sentinel database. The
FTC received more than half a million complaints in 2003, up from 404,000 in 2002, and Internet-related complaints
accounted for 55 percent of all fraud reports, up from 45 percent in 2002.
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