Florida Ranks First for Fraud in 2024, According to New Report

Florida has taken the top spot as the state with the highest rate of fraud in the United States for 2024, according to a recent report based on Federal Trade Commission (FTC) data. With 1,020 fraud reports per 100,000 residents in the first half of the year, the Sunshine State has been identified as a hotspot for various types of scams, leading to significant financial losses.

Alarming Numbers

The report, compiled by Investor Loss Center, highlights the scale of fraud in Florida:

  • 78,308 fraud cases were reported statewide, with total losses amounting to $435.2 million.
  • Imposter scams were the most frequently reported type of fraud, accounting for 23,678 cases. These scams exploit victims’ emotions, such as fear or trust, to achieve their goals.
  • Health care fraud was another major issue, with Florida recording 3,828 cases (179.4 per million residents), making it the highest rate in the country.
  • The state ranked second in internet services fraud, with 4,186 cases, just behind California.

A Broader View of the Impact

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