The Fed: Financial Scam Losses in the US Reached US$63 Billion in 2024
JAKARTA, Jakartaweekly.com — Federal Reserve Vice Chair for Supervision Michelle W. Bowman said fraud and financial scams are becoming an increasingly serious threat to US households and the country’s financial system, with net consumer losses estimated at US$63 billion throughout 2024. Speaking at the Women in Housing and Finance Symposium, Bowman said data from the […]
