BBB Identifies Top Scams Using New “Risk Index;” Home Improvement and Fake Check Scams Head the List

  
     
March 09, 2017

Ottawa, ON- The BBB Institute for Marketplace Trust (BBB Institute) kicked off National Protection Week (U.S.) and Fraud Awareness Month (Canada) with its inaugural BBB Scam Tracker Annual Risk Report, which provides comprehensive insight into scams based on reports made to BBB Scam Tracker. In 2016, more than 32,000 reports were submitted to BBB Scam Tracker.There is no doubt that scams have gone high tech, but the riskiest scam is the face-to-face home improvement scam, with fake check scams running a close second. This data is according to the new BBB Risk Index, a sophisticated analysis that goes beyond volume to look at the risk each scam type poses. The BBB Institute for Marketplace Trust (BBB Institute) kicked off National Consumer Protection Week (U.S.) and Fraud Awareness Month (Canada) with its inaugural BBB Scam Tracker Annual Risk Report, which provides comprehensive insight into scams based on the more than 32,000 reports made to BBB Scam Tracker in 2016.

Read the full BBB Institute press release here for more information about the BBB Risk Index and the top 5 riskiest scams.

If you come across a business or offer that sounds like a potential scam, tell your BBB about it at www.bbb.org/scamtracker.

About BBB:
For more than 100 years, Better Business Bureau has been helping people find businesses, brands and charities they can trust. In 2015, people turned to BBB more than 172 million times for BBB Business Reviews on more than 5.3 million businesses and Charity Reports on 11,000 charities, all available for free at bbb.org. The Council of Better Business Bureaus is the umbrella organization for the local, independent BBBs in the United States, Canada and Mexico, as well as home to its national and international programs on dispute resolution, advertising review, and industry self-regulation.