Con men scammed more than $1.6 billion in 2013, according to a report by the Federal Trade Commission (FTC). This does not include identity theft complaints. Victims lost an average of $2,294 in scams.
Forty percent of fraud victims were initially contacted by telephone and 33% by email.
The Consumer Sentinel Network (CSN), a database the FTC maintains for the use of law-enforcement agencies, reports that identity theft was the top crime reported, with 14% of the 2.1 million complaints.
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