Fraud is on the rise. The Federal Trade Commission says it received 2.8 million fraud reports last year totaling more than $5.8 billion in losses, a 70 percent increase from 2020.
In each case, the fraudster’s goal is to get an unsuspecting individual to send or transfer money to them. One tried and tested method is the fake check scam. The scam works because it exploits a loophole in banking policy.
For the full story click the link: [ Ссылка ]
Sign up to our daily newsletter: [ Ссылка ]
SUBSCRIBE: [ Ссылка ]
ABOUT Boston 25 News:
Boston 25 News is your home for breaking news, live video, traffic, weather and your guide to
everything local for Massachusetts
CONNECT WITH Boston 25 News:
Visit the Boston 25 News WEBSITE: [ Ссылка ]
Like Boston 25 News on FACEBOOK: [ Ссылка ]
Follow Boston 25 News on TWITTER: [ Ссылка ]
Follow Boston 25 News on INSTAGRAM: [ Ссылка ]
![](https://i.ytimg.com/vi/_FEz_YY3cr0/maxresdefault.jpg)