FBI: 2021 Holiday Season Fraud Could Exceed $53m

FBI: 2021 Holiday Season Fraud Could Exceed $53m

The $53m figure reported lost to scammers during the 2020 holiday season could be even higher this year thanks to the continued impact of the pandemic, the FBI has warned.

Public Service Announcement on the eve of the Thanksgiving holiday yesterday revealed that the Feds received over 17,000 complaints of non-delivery of goods ordered online last year.

The FBI said scammers use multiple tactics to lure victims, advertising items for sale via unsolicited emails, untrusted websites, and social media.

Sometimes the goods are never delivered, and sometimes they are counterfeit. Hard-to-source items like event tickets and gaming consoles are widespread, the FBI claimed. Rumors of shortages of certain items due to the pandemic are likely to ramp up the pressure on individuals to make poor decisions, it added.

In luring unwitting shoppers into making a purchase, the fraudsters also access the victims’ personal and financial information.

Other ways to obtain this info are via unsolicited messages that claim the user has won a prize draw or gift card and can only enter their details to claim it. Fraudulent online surveys are often used for the same purpose.

“The holidays are also a popular

Read More: https://www.infosecurity-magazine.com/news/fbi-2021-holiday-season-fraud/