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$3.5B lost to impersonator scams last year: Can you still spot a fake business text?

Headline from Local News 8

Americans lost $3.5 billion to impersonator scams last year, according to the Federal Trade Commission (FTC), across every channel, including texts, phone calls and social media. Business impersonation accounted for nearly $1 billion in that total.

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  1. Local News 8

    $3.5B lost to impersonator scams last year: Can you still spot a fake business text? (opens Local News 8)

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    Local News 8's feed description

    Americans lost $3.5 billion to impersonator scams last year, according to the Federal Trade Commission (FTC), across every channel, including texts, phone calls and social media. Business impersonation accounted for nearly $1 billion in that total.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

$3.5B lost to impersonator scams last year: Can you still spot a fake business text? | Since Then