Study Finds Over 22M Americans Lost $9.5B In Phone Scams In 2016

MINNEAPOLIS (WCCO) – If you’ve noticed more unwanted calls coming in on your phone, you’re not imagining things!

Phone scams are soaring!

A new study by Truecaller, a spam-fighting phone app, shows more than 22 million Americans lost about $9.5 billion to phone scams last year.

The poll shows millennial men are most likely to be taken. In fact, a third of millennial men surveyed reported they’d lost money in a phone scam.

More than 85 percent of those polled said they’ve received at least one robocall call in the past month, and they’re becoming more frequent on smartphones.

Comments

One Comment

  1. …”a third of millennial men surveyed reported they’d lost money in a phone scam”…
    Just in a casual conversation I am going to ask all future boyfriends if they have lost money on a phone scam? If thye say yes, see you later… gads what a fool.

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