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As more people spent time online during the COVID-19 pandemic, it’s not too surprising that online scams became the riskiest type of scam in 2020.
Nearly 40% of scams reported to the BBB last year were online purchase scams, followed by employment scams, which had been the top scam reported in 2019, according to the 2020 BBB Scam Tracker Risk Report, “Online scams rise during COVID-19 pandemic.” Data for the report was provided through the BBB Scam Tracker, an online platform for consumers and businesses to report scams and suspicious activity to the BBB.
The report, presented by the BBB Institute for Marketplace Trust, sheds light on the scams with the greatest impact, who is targeted in those scams and how they’re being perpetrated. The report is part of BBB’s effort to curtail fraud, empower consumers and…
