Each year, millions of Americans fall victim to scams perpetrated from all over the globe. Although it is difficult to determine exact figures, the Federal Trade Commission (FTC) estimates that, last year alone, more than $1.7 billion was lost due to fraudulent activity. While exact figures are not available, it is also estimated fraud losses total in the hundreds of millions of dollars in Colorado alone.
Consumer education is the best weapon in the fight against fraud; therefore, being knowledgeable of the tactics used by scammers will greatly reduce your chances of becoming a victim.
With the immense challenges Colorado has encountered, from fires to floods to tragedy, our communities have shown their strength and generosity in contributing to organizations and causes to provide assistance to those in need.
Whether donations include food, clothing, shelter, volunteer work, or monetary gifts, do your research before you donate to make sure your charitable contributions are assisting those intended rather than line the pockets of scam artists.
Consumer Protection at Work
For information on addressing common issues and topics, please review the Consumer Resource Guide. The information contained within the Resource Guide should not be taken as legal advice. Consumers seeking a legal opinion should consult with a licensed attorney.
Fraud Alerts and Tips
Are you signed up for fraud tips and alerts? Registering to receive our Consumer Fraud Bulletin is a great way to make sure you're informed of the latest scams affecting Coloradans and learn ways to protect you and your family from the work of scammers.