In 2023, consumers around the world lost almost half a trillion dollars to scams.

While certain scams were much more commonly reported, other types led to bigger financial losses for consumers.

This visualization, via Visual Capitalist's Kayla Zhu, shows the 10 most common types of fraud in the U.S. by the number of reports made to the FTC in 2024, and the total dollar value lost from each type of fraud.

What Type of Fraud is the Most Common?

Below, we show the top 10 most commonly reported fraud types to the FTC, the total dollar value lost from each type of fraud, and the median loss per incident.