One of the most popular ways for criminals to steal money and sensitive information is by impersonating a trusted source—often a government agency. According to the Federal Trade Commission, victims of government impostor scams reported over $577 million stolen from them in 2024 – and due to underreporting, that’s likely a vast undercount.
Scams take many forms so being aware and understanding the variety of ways criminals use to steal money can help you stay a step ahead of scams. Scammers may seek payment through hard-to-trace methods with few or no protections including gift cards, cryptocurrency, wire transfers, peer-to-peer apps and, more recently, gold bars.
The 2024 Consumer Sentinel Network Data Book, recently released by the Federal Trade Commission (FTC) shows Wyomingites as having lost $20.1 million in total fraud losses in 2023 with a median fraud loss of $600 per incident. That ranks Wyoming 40th in the nation for fraud reported by population per 100,000 population.