Better Business Bureau Report Reveals Top Consumer Scams of 2023

Thursday, 7 March 2024, 00:21

The Better Business Bureau's annual scam report for 2023 uncovered over 67,000 scam incidents reported in the US. Investment and cryptocurrency scams emerged as the most prominent, prompting a closer examination by reporter Anna Werner on their risk factors and consumer protection measures.
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Better Business Bureau Report Reveals Top Consumer Scams of 2023

Scam Incidents Reach Record High in 2023

The Better Business Bureau recently published its latest annual report detailing a surge in consumer scams, particularly in the investment and cryptocurrency sectors.

Mitigating Risk through Awareness

Consumers are advised to stay alert and take precautionary measures, as scammers continue to exploit vulnerabilities in these markets.

Protecting Yourself

  • Do thorough research before investing in any opportunity.
  • Avoid unsolicited offers and be wary of high returns with little risk.
  • Report suspicious activities to the authorities or the BBB to help prevent others from falling victim.

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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