Arizona Ranked 5th in Most Money Lost in 2014 Internet Scams

States with the most Internet Scams

In 2014 Californians lost an estimated $131 million, with the target market greatly affecting men ages 40 to 49. The second greatest state to lost money over internet scams was Florida, with its residents losing an estimated $52.5 million and males ages 50 to 59 losing the most. Texas came in third and New York fourth, with the two states losing $97 million between them.

The total estimated losses reported by the ICCC was over $800 million, with the typical complainant losing on average $6,472.

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There was a rise in complaints involving business e-mails compared with 2013, leading to an estimated $226 million loss for the affected businesses.

Other notable scams are online auto fraud scams, where a person claiming to be selling a car persuades the victim to send money prior to seeing the car, and real-estate scams, which together equal an estimated loss of $58.6 million.

Twelve percent of all complaints the ICCC received had a social media aspect to them, leading the agency to warn consumers of popular tactics used by online scam artists such as “click-jacking.”

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Click-jacking occurs when a malicious link or software is hidden within legitimate links. The most popular links targeted, according to ICCC, are Facebook “like” and “share” buttons.

Overall, the number of complaints received by the agency has seen a 2.5 percent increase since 2013 but a 14 percent decrease since 2011.

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