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03/06/2019

Consumers lost more than $1.4 billion to fraud last year, the FTC reports. This was the No. 1 scam

FOX 47

BALTIMORE — Out of the 3 million consumer complaints submitted to the Federal Trade Commission in 2018, imposter scams took the top spot.

Consumers reported losing $488 million to all types of imposter scams, with a reported median loss of $500.

Unfortunately, Susan Mayorga's mother lost way more. Last year, she sent $15,000 to someone in Baltimore claiming to be her granddaughter and needing money to get out of jail.

"Saying, 'Grandma help me, I'm in trouble,' " Mayorga said. "[She] ran to the bank, ran to UPS and sent overnight $10,000." That was one of two payments. Mayorga tried to call UPS to stop the delivery but was too late.

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