FTC Logs more than $1.6 Billion in Fraud Complaints in One Year

[BlackListedNews]

You know that Nigerian prince who says he’ll share his fortune with you if you’ll just pay a little bit of money to finance the funds transfer? That “prince” and other con men scammed more than $1.6 billion in 2013, according to a report by the Federal Trade Commission (FTC). This does not include identity theft complaints. Victims lost an average of $2,294 in scams.

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