One in Three Americans Was Scammed Last Year: Survey

Targets of fraudsters may be more vulnerable now given the pressures of inflation, elevated interest rates, and ‘general money woes.’

A storefront window in San Francisco on Feb. 25, 2008. Justin Sullivan/Getty Images

Millions of Americans are being subjected to financial scams, with a large proportion of them losing money, according to a recent survey by consumer services company Bankrate.

“About 1 in 3 U.S. adults (34 percent) have experienced financial fraud or a scam in the past 12 months, since January 2024,” the company said in a March 3 statement.