How do fraud experts recommend avoiding scams?
How do fraud experts recommend avoiding scams?
California was among the top 20 states in the nation with the highest rates of fraud, according to a new study by MoneyRadar, a French-based financial education and investment company.
The Golden State ranked 18th in the MoneyRadar study, the company said in a Saturday, Feb. 21 news release.
“Fraud remains a persistent issue across the US, with millions of incidents reported each year,” a MoneyRadar spokesperson said in the release. “Federal Trade Commission data shows 6.524 million fraud reports nationwide in 2024, with 1.559 million recorded in the final quarter alone, underlining how consistently widespread the problem has become.”
How were states’ rankings determined?
Using Federal Trade Commission reports from Q3 2024 to Q2 2025, MoneyRadar said it totaled the…
Request a free credit report once a year from bureaus like TransUnion or Experian to ensure no one has opened fraudulent loans or store accounts in your name without your knowledge.
