Parsons Advocate
  • News
    • School
    • Sports
    • For The Record
      • Magistrate News
      • Property Transfers
    • Bulletin Board
      • What’s Happening
      • Tucker County Senior Center News
  • Obituaries
  • Opinions
    • Momma Said
    • Mostly True Stories
    • Turner’s Tidbits
    • Clint’s Column
    • Letters to the Editor
  • eAdvocate
  • Spiritual
    • Transcendental Meditation
    • Diocese of Wheeling-Charleston
    • Parabola
    • Southern Baptist
  • Classifieds
  • Contact Us
  • Login
Subscribe For $2.50/Month
No Result
View All Result
  • News
    • School
    • Sports
    • For The Record
      • Magistrate News
      • Property Transfers
    • Bulletin Board
      • What’s Happening
      • Tucker County Senior Center News
  • Obituaries
  • Opinions
    • Momma Said
    • Mostly True Stories
    • Turner’s Tidbits
    • Clint’s Column
    • Letters to the Editor
  • eAdvocate
  • Spiritual
    • Transcendental Meditation
    • Diocese of Wheeling-Charleston
    • Parabola
    • Southern Baptist
  • Classifieds
  • Contact Us
  • Login
No Result
View All Result
Parsons Advocate
No Result
View All Result
  • National News
  • WV News
  • VA News
Home News Top Stories Featured

New Data Shows FTC Received 8,578 Fraud Reports from West Virginia Consumers in 2022

February 28, 2023
in Featured, Headlines, Local Stories, Top Stories
Reading Time: 5 mins read
Share on FacebookShare on Twitter

West Virginia consumers reported losing $19,381,378 to scams last year

The Federal Trade Commission received 8,578 fraud reports from consumers in West Virginia in 2022, according to newly released data.

West Virginia consumers reported losing a total of $19,381,378 to fraud, with a median loss of $500.

The FTC’s Consumer Sentinel Network is a database that receives reports directly from consumers, as well as from federal, state, and local law enforcement agencies, the Better Business Bureau, industry members, and non-profit organizations. Reports from around the country about consumer protection issues—including identity theft, fraud, and other categories—are a key resource for FTC investigations that stop illegal activities and, when possible, provide refunds to consumers.

Across all types of reports, the FTC received a total of 15,624 reports from consumers in West Virginia in 2022.

The top category of reports received from consumers in West Virginia was Identity Theft; followed by Imposter Scams; Prizes, Sweepstakes and Lotteries; Online Shopping and Negative Reviews; and Banks and Lenders.

Fraud Losses Up Nationwide

Nationally, consumers reported losing nearly $8.8 billion to fraud in 2022, up from $5.8 billion in 2021. Consumers reported losing more money to investment scams—more than $3.8 billion—than any other category in 2022. That amount more than doubles the amount reported lost in 2021. The second highest reported loss amount came from imposter scams, with losses of $2.6 billion reported, up from $2.3 billion in 2021.

The FTC received fraud reports from 2.4 million consumers last year, with the most commonly reported being imposter scams, followed by online shopping scams. Prizes, sweepstakes, and lotteries; investment related reports; and business and job opportunities rounded out the top five fraud categories.

Sentinel received more than 5.1 million reports overall in 2022. Of these, more than 1.1 million were identity theft reports received through the FTC’s IdentityTheft.gov website.

The FTC uses the reports it receives through Sentinel as the starting point for many of its law enforcement investigations, and the agency also shares these reports with approximately 2,800 federal, state, local, and international law enforcement professionals. While the FTC does not intervene in individual complaints, Sentinel reports are a vital part of the agency’s law enforcement mission.

A full breakdown of reports received in 2022 is now available on the FTC’s data analysis site at https://ftc.gov/exploredata. The data dashboards there break down the reports across a number of categories, including by state and metropolitan area.

 The Federal Trade Commission works to promote competition, stop deceptive and unfair business practices and scams, and educate consumers. Report fraud, scams, or bad business practices at ReportFraud.ftc.gov. Get consumer advice at consumer.ftc.gov. Also, follow the FTC on social media, subscribe to press releases, and read the FTC’s blogs.

Previous Post

Turner’s Tidbits

Next Post

WVDA Launches WV Grown Partner Program

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Join Our Newsletter

  • Login
  • My Account
  • Subscribe to Parsons Advocate
  • Legals
  • Contact Us
  • My Account

© 2021 Mountain Media, LLC

  • Login
  • Sign Up
  • Cart
No Result
View All Result
  • News
    • School
    • Sports
    • For The Record
      • Magistrate News
      • Property Transfers
    • Bulletin Board
      • What’s Happening
      • Tucker County Senior Center News
  • Obituaries
  • Opinions
    • Momma Said
    • Mostly True Stories
    • Turner’s Tidbits
    • Clint’s Column
    • Letters to the Editor
  • eAdvocate
  • Spiritual
    • Transcendental Meditation
    • Diocese of Wheeling-Charleston
    • Parabola
    • Southern Baptist
  • Classifieds
  • Contact Us
  • Login

© 2021 Mountain Media, LLC

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Forgot your password?

Lost your password? Please enter your email address. You will receive mail with link to set new password.

Back to login