Unfortunately, online fraud is an extremely common crime with ever-increasing rates:
- According to the Internet Crime Complaint Center (IC3), between 2008 and 2009, complaints of online fraud rose by 20%, from 275,000 to 335,000.
- According to the Federal Trade Commission (FTC), in 2009, 60% of fraud complainants reported that the internet was used to initiate the fraud.[1]
- In 2009, 560 million dollars in losses to fraud-related internet crimes were reported to the Internet Crime Complaint Center.
[1] This statistic does not include identity theft reports.
Graph of Fraud-Related Internet Crimes 2005-2009
For more information on the prevalence of online fraud, visit the Internet Crime Complaint Center or the Federal Trade Commission’s Consumer Sentinel.