Largest Consumer Scams of 2016

Largest Consumer Scams of 2016

The number one scam of 2016 goes to con artists posing as IRS agents and threatening to fine or arrest consumers over phony tax debts. In fact, this scam came in having roughly one of every four consumer complaint reports to the BBB Scam Tracker, the national watchdog agency said in its annual ranking of unscrupulous schemes across the U.S. The rankings are based on more than 30,000 reports this year.

Police raids in Mumbai, India in October shut down some suspected IRS scam calling sites after scammers victimized at least 6,400 U.S. people nationwide by stealing more an estimated $36.5 million. […Read more]

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