There were 2.6 million reports of fraud last year in the United States and $10-billion fraud-related losses according to the Federal Trade Commission (FTC).
But how does this vary state-to-state, and which states are most vulnerable? Gruber Law Offices, a Wisconsin law firm ranked FTC data to find out.
Based on the number of reported fraud cases per 100,000 residents in 2023, their analysis has revealed which states are the most likely to fall victim to fraud, and Newsweek has compiled the results into a new map.
Which States are Most Vulnerable to Fraud?
At the top of the list is Georgia, where there were 1,564 fraud reports per 100,000 residents in 2023—a total of 166,229 cases. Credit-related fraud, particularly involving credit bureaus, information furnishers, and report users, was the most frequent category, accounting for 41,557 of the reported cases.