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Meanwhile, reports of scams delivered via email are up from 32,000 in 2020 to 120,000 in 2023.
Text scams have also more than doubled in the same period.
Scammers also appear to be increasingly taking on the personas of multiple organizations in a single scam.
These include fake account security alerts, subscription renewals, and delivery issue scams.
The FTC concludes its report with advice to spot and avoid impersonation scams.
This includes refraining from clicking on links, responding to unexpected messages, and moving money around.
