Online casino gambling scams

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This website offers safe and secure transactions to its customers, which is why players highly prefer it. Planetwin365 is a reliable casino website with a wide range of games, bonuses, and promotions. About 25% of those frauds amounted to a financial loss, with the usual participant losing $500. According to the FTC, this is the largest number on record going back to 2001.

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In 2021, the agency received fraud reports from about 2.8 million people. Fortunately, there are a few signs you can watch out for to try and avoid becoming a victim of casino scams or frauds.Īmerican consumers reported losing more than $5.8 billion to fraud last year, up from $3.4 billion in 2020 (an increase of more than 70%), according to the Federal Trade Commission. Unfortunately, some scammers have found ways to take advantage of unsuspecting players in an attempt to steal their hard-earned money. Everyone knows that casinos are a risky place to invest your money, but the risk goes further than just losing money.

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