A newly published study by LendingTree indicates that fraud-related losses in Illinois increased by more than 15% from 2022 to 2023 according to numbers gathered from the Federal Trade Commission. Matt Schultz of LendingTree is a co-author of the study and explains why Illinois residents may be getting targeted more often...

The most losses to scams in Illinois in 2023 came in the form of text message scams. Links in Text Messages that when clicked can lead to the data on your phone being stolen, including banking information, sensitive passwords, or any identifying details you knowingly or unknowingly have stored on your smartphone.