Florida’s ‘Bank Phone Scam’ Epidemic: Financial Losses Surge

Imposter fraud, unauthorized transfers, and card theft drive record-breaking financial losses; Broward County issues urgent warning amid rising phone-based schemes as Florida ranks #1 for fraud.

Fla. News Network —Florida’s reputation as a retirement haven and tourism hotspot now carries a grim footnote: It leads the nation in per capita fraud losses, with banking scams driving a devastating $866.1 million in reported financial thefts in 2024 alone. As imposter calls and digital schemes grow more sophisticated, authorities warn that no demographic—seniors, families, or businesses—is immune to the threat.

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