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Americans Lost Almost $30 Billion To Phone Scams Over Past Year By Giulia Campos
on June 30 2021 7:46 AM Phone scams reach record high as more Americans lost 40% more money over the past 12 months.
Americans lost a record $29.8 billion over the past year, according to a new report. This is almost three times the estimated loss in 2019.
This research published by Truecaller found that one in three Americans fall victim to phone scams. This means nearly 59.49 million Americans have lost money from calls pretending to be the IRS or from a company inquiring about an expiring vehicle warranty. 59.4 million Americans have fallen victim to a phone scam in the past 12 months
Jun 29, 2021 4:15 PM EDT
Congressional leaders and a media advocacy group are urging the Federal Communications Commission to examine how policy decisions and programs have disparately harmed Black Americans and other communities of color, according to a letter sent Tuesday to the acting FCC chair.
In the letter, first shared with The Associated Press, Democratic Reps. Jamaal Bowman of New York, Yvette Clarke of New York, and Brenda Lawrence of Michigan along with Media 2070 said the FCC should conduct an assessment to “address and redress” the harm the agency’s policies and programs have caused Black and brown communities and identify the “affirmative steps the agency commits to taking to break down barriers to just media and telecommunication practices.”