UTAH (ABC4) – Have you fallen victim to a scam? You aren’t alone – a new report says fraud increased by over 97% in the last year, costing Americans more than $2.3 billion.
Among those seeing the largest increase in fraud-related losses were Nebraska, South Dakota, and Illinois. Mississippi, Arkansas, and Alaska had the largest increase in fraud reports.
The report, by LendingTree company QuoteWizard, found Utah was one of the states hardest hit by fraud in 2020. Analysts found fraud reports increased by over 30% last year.
In fact, the Beehive State was the fourth hardest hit, seeing a 157% increase in dollars lost from 2019 to 2020 by fraud, totaling $23.9 million.
The hardest-hit state, according to the report, was Nebraska, which saw a 193% increase in fraud losses. Illinois, the third hardest hit, lost $93.3 million to fraud.