2024 Fraud Report- The FTC released their annual report detailing the impact of fraud and scams. Consumers reported losing over $12.5 billion in 2024, a 25% increase from 2023, while actual reports of fraud remained stable. The infographic and press release detail types of fraud, ages impacted, and tactics used by fraudsters. In Montana, there were 6,569 fraud reports totaling $22.5 million in losses and a median loss of $459. Imposter scams easily topped the list for top reported category, both in our state and nationally.
Fraud Community- Let Donya know what types of fraud you are seeing in your credit union so we can inform other credit unions. Join our Montana Fraud Community to share information and resources with your peers and attend our bi-monthly meetings.
Donya Parrish
VP-Risk Management
donya@mcun.coop
800-745-5546, ext. 122
Direct: 406-324-7374
NCUA Fraud line 800-827-9650
