US consumers lose record amounts of money to Internet scams

04-05 ||  Readers: 25

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ScamsIt's like the song says, "Everybody plays the fool."

The FBI reports that US consumers lost a record 239 million dollars to Internet scammers and thieves in 2007. Given the record number of spam emails being sent (which accounted for 75% of the Internet scams), and the mass amounts of money being made by scammers worldwide, this really shouldn't surprise us; it's kind of like reporting that peanut butter goes well with jelly.

Internet scams are a hot, and a big, business.

A couple interesting tidbits:

Even though the amount lost this year was higher, the actual number of complaints was down. This means that scammers are focusing more and more on big ticked items, such as work-at-home schemes and so forth.

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