Reservists and military personnel families were behind the lion’s share of the losses, at $484.4 million, 59% of all military monetary damages in the last 5 and a half years. They also submitted over 322 thousand unique complaints to the FTC.
The veterans & military retirees’ financial damages encompass 35% of all losses at $290.1 million. This group fell to various types of internet crime most often, as they sent out a total of 452 thousand reports. The median loss in this category is $700.
Finally, fraudsters swindled over $47.6 million from active duty service members. This group also submitted the least complaints at 52 thousand since 2017. The median…