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August 25, 2024August 20, 2024, 4:03 AM
Responding to a sharp rise in financial fraud and scams, the FBI has launched a nationwide campaign urging the public to resist the pressure and act with caution when it comes to potentially fraudulent offers.
The “Take A Beat” campaign encourages the public to stop and think things over when confronted with suspicious offers or requests before taking any action.
Fraud losses have surged to $1.6 billion between January and May this year, according to recent data from the FBI’s Internet Crime Complaint Center (IC3). That’s $300 million more compared to the same period in 2023.
The initiative aims to raise awareness about the growing array of tactics scammers use, provide guidance to prevent being victimized and lay out the most effective ways to report fraud.
“Fraud remains one of the most devastating violations the FBI encounters, due to the sheer number of victims and the scale of financial losses,” said Michael D. Nordwall, executive assistant director of the FBI’s Criminal, Cyber, Response and Services Branch.
“Fraud can cause significant emotional and sometimes physical harm. Our campaign aims to take a whole-of-community approach to prevention by encouraging people to talk openly about potential scams and reporting them,” he added.