The Oregon office of the FBI issued an advisory this week on an ongoing scam that has resulted in losses totaling tens of millions of dollars.
The office posted an advisory, “Building a Digital Defense Against the Chinese Embassy Scam,” based on a public service announcement from the FBI’s Internet Crime Complaint Center (IC3).
The scam has been effective. Over a 15-month period, victims have reported losses totaling $40 million, the IC3 reported earlier this year. The average loss is $164,000 per victim.