"The scale of fraud taking place every day is a massive burden for our country and for the millions of hardworking women and men whose lives are affected by it." - Rob Nichols, CEO of ABA.
"Almost 1 in 3 Americans have been the victim of a scam in the past year, with an average loss of $1,600 a person." - IPX study.
"Consumers reported more than $10 billion in losses last year from online scams, with $210 million lost through payment apps alone." - FTC data.
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