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States with Highest Prevalence of Scams Revealed

A recent analysis by Forbes Advisor has shed light on the states with the highest prevalence of scams, providing valuable insights for residents and visitors alike. The study analyzed data from the Federal Trade Commission (FTC) for the first three months of 2023, examining four key metrics: fraud reports per 100,000 residents, total number of fraud reports, median loss from fraud, and total loss from fraud.

Top 5 States with Highest Prevalence of Scams

Here are the top 5 states with the highest prevalence of scams:

  1. Georgia: With a score of 82 out of 100, Georgia tops the list as the state with the highest prevalence of scams. The Peach State saw an average of 245 fraud reports per 100,000 residents during the analyzed period.
  2. Alabama: Coming in second is Alabama, with a score of 79 out of 100. The Yellowhammer State reported an average of 234 fraud reports per 100,000 residents.
  3. Mississippi: Mississippi takes third place with a score of 78 out of 100. The Magnolia State saw an average of 228 fraud reports per 100,000 residents.
  4. South Carolina: South Carolina rounds out the top four, with a score of 76 out of 100. The Palmetto State reported an average of 223 fraud reports per 100,000 residents.
  5. Tennessee: Rounding out the top five is Tennessee, with a score of 75 out of 100. The Volunteer State saw an average of 218 fraud reports per 100,000 residents.

State-by-State Breakdown

Forbes Advisor’s analysis provides a detailed breakdown of scam prevalence by state. To view the full list and learn more about the methodology used in the study, visit Forbes Advisor’s website.

Tips to Safeguard Yourself from Fraud

To help protect individuals from falling victim to scams, Forbes Advisor has compiled a list of tips to safeguard yourself:

  • Be suspicious of all incoming calls, emails, and other communication.
  • Don’t trust caller ID.
  • Don’t be tempted by prizes or free cash.
  • Block unwanted calls and text messages.
  • Don’t let fear motivate you into acting.

By following these simple guidelines, individuals can significantly reduce their risk of falling prey to scammers.

Methodology

Forbes Advisor’s analysis was based on data from the Federal Trade Commission (FTC) for the first three months of 2023. The study examined four key metrics: fraud reports per 100,000 residents, total number of fraud reports, median loss from fraud, and total loss from fraud. The findings were weighted to provide a comprehensive score for each state.

Stay informed and protect yourself from scams by visiting Forbes Advisor’s website for more insights and resources.