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How cyberscams are draining Americans wallets by the billions

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Summary
Nutrition label

73% Informative

Nearly 30% of Americans fell victim to fraudulent schemes in the U.S. in the past year alone.

Scams cost Americans over $159 billion annually , with average individual losses exceeding $ 3,500 per victim.

Many scams use forced labor operations in Southeast Asia to build trust through social media or messaging apps .

The rise of cyberscams is not just an economic issue but a moral one that demands immediate action.

With billions lost annually and countless lives disrupted, we cannot afford complacency in addressing this crisis.

Here are eight effective ways to safeguard against scammers: verify the identity of the person or organization contacting you.

VR Score

59

Informative language

50

Neutral language

44

Article tone

informal

Language

English

Language complexity

68

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links