Write For Us

How Phone Scammers Tricked Americans Out of Nearly $40 Billion In 2022

Sponsored Post Vitamin D2 Canada Persia
67 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each year.

“It’s very cheap to set up an automatic dialer and to plug a bunch of phone numbers into it, whether they’re random or they are very intentional by geography or by demographic, and place millions of phone calls in a very short period of time,” said Clayton LiaBraaten, senior executive advisor at Truecaller. “It’s a numbers game.”

Phone scams are on the rise. Truecaller, which makes an app that blocks spam calls, estimates that nearly 70 million Americans have lost money to phone scams in 2022, and that those scammers made off with nearly $40 billion in total. Phone scams include frauds that begin with calls and text messages. Watch the video above to learn more about why phone scams remain so prevalent, how people are fighting back against them and how not to become a victim.

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC

How Phone Scammers Tricked Americans Out of Nearly $40 Billion In 2022
Category
Tech
Tags
Money, Budgeting, Stress
Sign in or sign up to post comments.
Be the first to comment