WA is the fourth state with the most fraud, according to a new study

According to a news report from the Federal Trade Commission, Washington state ranks fourth from behind in terms of fraud-related losses.

The average loss per child, according to the study, is $500. Interestingly, other people under the age of 60 are more likely to report a loss due to fraud than people over that age.

Approximately 53,000 fraud incidents were reported to the government through Washington state citizens in 2023, with the largest category being imposter scams. This is a user who is required to send cash to another user. Financial and banking fraud.

Overall, nationally, identity theft is the most sensible form of fraud reported.

Gallery Credit: Liz Barrett Foster

 

Washington state is the fourth worst in the U. S.

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According to a news report from the Federal Trade Commission, Washington state ranks fourth from behind in terms of fraud-related losses.

The average loss per child, according to the study, is $500. Interestingly, other people under the age of 60 are more likely to report a loss due to fraud than people over that age.

Approximately 53,000 fraud incidents were reported to the government through Washington state citizens in 2023, with the largest category being imposter scams. This is a user who is required to send cash to another user. Financial and banking fraud.

Overall, nationally, identity theft is the most sensible form of fraud reported.

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