Consumers Reported Over $550M of Online Fraud to the FBI in 2009
The FBI’s Internet Crime Complaint Center (http://www.ic3.gov) received Internet fraud complaints from consumers in 2009 totaling losses of $559.7M. This half a billion dollars of losses is double the $264.6M in Internet fraud losses reported to the IC3 in 2008. Clearly Internet crime is rising exponentially!
These reports do not include financial losses incurred by banks and other financial institutions from phishing and malware. Nor do they include losses, financial or of intellectual property, sustained by enterprises or government agencies.
You can read the 2009 IC3 report here.