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News Wire / economy

US Employment Scams Triple Between 2020 And 2024

KQED FM Washington DC 13d12d Impact 5
Employment and job scams have nearly tripled between 2020 and 2024, according to the U.S. Federal Trade Commission. The FTC is the government body that tracks these types of scams. The increase represents a explosion in fraudulent activity in the employment sector. Scammers use recruitment emails and pitch decks to pose as employers on platforms like LinkedIn. Some scammers have reportedly begun making follow-up phone calls to verify the target's identity. Financial losses from these scams increased from approximately $90 million to $500 million as of two years ago.

Topics

employment scams fraud FTC

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Sources · 7 independent

KQED FM

“employment scams have pretty much just exploded according to the U.S. Federal Trade Commission... job and employment scams nearly tripled from 2020 to 2024.”

KQED FM

“scams. of job and employment scams nearly tripled from 2020 to 2024.”

KQED FM

“scams of job and employment scams nearly tripled from 2020 to 2024. purporting to be employers with job opportunities for people and putting together really nice sounding recruitment emails”

KQED FM

“Reports of job and employment scams nearly tripled from 2020 to 2024. And the actual financial losses from those scams have increased from something like $90 million to $500 million, and that's as of two years ago.”

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