Analysis of Top Scams: BBB Warns of Rising Crypto Fraud Cases in 2023

Wednesday, 6 March 2024, 23:28

The Better Business Bureau's latest report highlights the alarming increase in crypto fraud cases, ranking it as the riskiest scam of 2023. According to the BBB, Americans faced significant financial losses from employment scams and online purchasing scams in the past year. It underscores the urgent need for consumers to be vigilant and informed to protect themselves from various fraudulent schemes, with crypto fraud emerging as a major threat in the current financial landscape.
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Analysis of Top Scams: BBB Warns of Rising Crypto Fraud Cases in 2023

BBB Report on Scams

The Better Business Bureau has identified the top scams of 2023, with a particular focus on rising crypto fraud cases.

Key Findings:

  • Crypto Fraud: Ranked as the riskiest scam of 2023.
  • Employment Scams: Notable financial losses reported.
  • Online Purchasing Scams: Growing concerns among consumers.

The report serves as a crucial warning to individuals to be cautious and informed about the increasing threats in the digital age.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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