"Investment Scams Grow, 13,000 Domains Detected in January 2024"
"Investment Scams Grow, 13,000 Domains Detected in January 2024"
According to the Federal Trade Commission (FTC), experts have detected and blocked nearly 13,000 fake investment platform domains across more than 7000 IPs in January 2024, a 25% increase from December 2023. The FTC noted that the investment scams accounted for over $4.6b in fraud losses in the United States alone in 2023, marking a troubling 21% increase from the previous year.