Regulators are continuing to pursue enforcement action against misrepresentations that are connected to the COVID-19 pandemic. The FTC has received 71,841 fraud reports from January 1 to July 21, where total fraud loss was valued at $90.47 million and the median fraud loss at $263 million. The frauds most reported to the FTC pertain to online shopping and travel/vacation, as shown by the following graph...
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