Social media scams and cruel cons that target lonely hearts to rob them blind were the leading drivers of Internet fraud in 2014, the FBI reported Tuesday in a survey of computer crime.
In its annual online fraud report, the Internet Crime Complaint Center, or IC3, said total financial losses to online fraud reported to the federal government last year topped $800 million.
But that’s just a drop in the bucket of what’s presumed to be the real cost of online fraud, much of which doesn’t go reported. Citing industry data, the National White Collar Crime Center, which coordinates IC3 with the…
Read the rest of the story from our partners at NBC News
More Must-Reads from TIME
- Donald Trump Is TIME's 2024 Person of the Year
- Why We Chose Trump as Person of the Year
- Is Intermittent Fasting Good or Bad for You?
- The 100 Must-Read Books of 2024
- The 20 Best Christmas TV Episodes
- Column: If Optimism Feels Ridiculous Now, Try Hope
- The Future of Climate Action Is Trade Policy
- Merle Bombardieri Is Helping People Make the Baby Decision
Contact us at letters@time.com