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Startling statistics from the Federal Trade Commission (FTC) reveal that U.S. adults experienced an unprecedented level of financial loss due to fraud in the past year. According to the latest data, American adults collectively lost nearly $10 billion to fraudulent activities, marking a record high for such financial scams.
The FTC's data sheds light on the diverse range of scams that targeted unsuspecting victims across the nation. Among the prevalent schemes were fraudulent activities involving romance and deceptive investment opportunities. Americans found themselves entangled in scams that promised romantic connections or lucrative financial gains, only to result in. . .
