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Americans Estimated to Lose $119 Billion Annually to Online Scams
March 11, 2026
WASHINGTON, March 11 [Category: Consumer Services] (TNSrpt) -- The Consumer Federation of America posted the following news release:

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Americans Estimated to Lose $119 Billion Annually to Online Scams

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WASHINGTON, D.C. -A new report from the Consumer Federation of America (CFA) projects that Americans are losing an estimated $119 billion every year to online scams. This "true" cost of scams is over seven times higher than what wa . . .

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