The Federal Trade Commission received 52,036 fraud reports from consumers in Michigan in 2023, according to newly released data.
Michigan consumers reported losing a total of $151,679,000 to fraud, with a median loss of $410.
The FTC’s Consumer Sentinel Network is a database that receives reports directly from consumers, as well as from federal, state, and local law enforcement agencies, the Better Business Bureau, industry members, and non-profit organizations. Reports from around the country about consumer protection issues are a key resource for FTC investigations that stop illegal activities and, when possible, provide refunds to consumers.
Across all types of reports, the FTC received a total of 118,304 reports from consumers in Michigan in 2023.
The top category of reports received from consumers in Michigan was Identity Theft; followed by Imposter Scams; Credit Bureaus, Information Furnishers and Report Users; Online Shopping and Negative Reviews; and Banks and Lenders.
A full breakdown of reports received in 2023 is now available on the FTC’s data analysis site at https://ftc.gov/exploredata. The data dashboards there break down the reports across a number of categories, including by state and metropolitan area.
Nationally, consumers reported losing more than $10 billion to fraud in 2023, up from $8.8 billion in 2022. Consumers reported losing more money to investment scams—more than $4.6 billion—than any other category in 2023. The second highest reported loss amount came from imposter scams, with losses of $2.7 billion reported.
The FTC received fraud reports from 2.6 million consumers last year, with the most commonly reported being imposter scams, followed by online shopping scams. Prizes, sweepstakes, and lotteries; investment related reports; and business and job opportunities rounded out the top five fraud categories.
Sentinel received 5.4 million reports overall in 2023. Of these, more than 1 million were identity theft reports received through the FTC’s IdentityTheft.gov website.
Michigan consumers reported losing a total of $151,679,000 to fraud, with a median loss of $410.
The FTC’s Consumer Sentinel Network is a database that receives reports directly from consumers, as well as from federal, state, and local law enforcement agencies, the Better Business Bureau, industry members, and non-profit organizations. Reports from around the country about consumer protection issues are a key resource for FTC investigations that stop illegal activities and, when possible, provide refunds to consumers.
Across all types of reports, the FTC received a total of 118,304 reports from consumers in Michigan in 2023.
The top category of reports received from consumers in Michigan was Identity Theft; followed by Imposter Scams; Credit Bureaus, Information Furnishers and Report Users; Online Shopping and Negative Reviews; and Banks and Lenders.
A full breakdown of reports received in 2023 is now available on the FTC’s data analysis site at https://ftc.gov/exploredata. The data dashboards there break down the reports across a number of categories, including by state and metropolitan area.
Nationally, consumers reported losing more than $10 billion to fraud in 2023, up from $8.8 billion in 2022. Consumers reported losing more money to investment scams—more than $4.6 billion—than any other category in 2023. The second highest reported loss amount came from imposter scams, with losses of $2.7 billion reported.
The FTC received fraud reports from 2.6 million consumers last year, with the most commonly reported being imposter scams, followed by online shopping scams. Prizes, sweepstakes, and lotteries; investment related reports; and business and job opportunities rounded out the top five fraud categories.
Sentinel received 5.4 million reports overall in 2023. Of these, more than 1 million were identity theft reports received through the FTC’s IdentityTheft.gov website.
