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Better Business Bureau warns of rising scams, urges prompt reporting
Summary
A Better Business Bureau presenter told the Sun Valley CAB that FTC reports show about $12.5 billion in reported fraud losses in 2024, highlighted high-risk scam types (cryptocurrency, employment, romance), and urged immediate reporting to local law enforcement and national resources.
A representative of the Better Business Bureau spoke to the Sun Valley Citizen Advisory Board about scam trends and resources for victims.
The presenter said 2024 FTC data showed roughly $12.5 billion in consumer-reported losses and emphasized that most scams are underreported. He described top-risk categories in 2024 — cryptocurrency investment scams (a high median loss,…
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