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Fraud Wise Podcast: The Consequences of Being a Fraud Victim
2020 was a peak year for fraud. The Federal Trade Commission recently reported they received more than 2.1 million fraud reports from consumers in 2020. The consequence was a reported $3.3 billion during the year, an astronomical increase from just $1.8 billion in 2019. Fraud can also impact identity and brand reputation as well as create unnecessary stress. In this episode of CoBank’s Fraud Wise, learn about the consequences of fraud and how to protect yourself and your business from becoming a victim.
2020 was a peak year for fraud. The Federal Trade Commission recently reported they received more than 2.1 million fraud reports from consumers in 2020. The consequence was a reported $3.3 billion during the year, an astronomical increase from just $1.8 billion in 2019. Fraud can also impact identity and brand reputation as well as create unnecessary stress. In this episode of CoBank’s Fraud Wise, learn about the consequences of fraud and how to protect yourself and your business from becoming a victim.
