WI Consumers Lose About $1.2B To Scams Annually, Report Says
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By Dylan Siwicki
Published on March 16, 2026.
The Consumer Federation of America has revealed that Wisconsin consumers are losing an estimated $1.2 billion annually to online scams, far more than official losses suggest. The biggest culprits are Meta's Facebook and Instagram. The report also revealed that an estimated 83 percent of all online cybercrime losses are scams, with the rest attributed to other digital offenses like ransomware or malware. The losses are not evenly distributed, with losses equal about $349 per American per year in Wisconsin. The findings underscore the need for better reporting systems, stronger protections on digital platforms, and increased consumer awareness.
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