Home Economy Economic Activity Black Friday scam victims in R.I. lose an average of $470, study...

Black Friday scam victims in R.I. lose an average of $470, study finds

RHODE ISLAND residents who report fraud on Black Friday lose an average of $470.83 to the scams, according to a report by a data collection firm. / AP FILE PHOTO/STEVE HELBER
RHODE ISLAND residents who report fraud on Black Friday lose an average of $470.83 to the scams, according to a report by a data collection firm. / AP FILE PHOTO/STEVE HELBER

PROVIDENCE – Rhode Island residents who report falling victim to Black Friday scams lose an average of $470.83, according to a report by data collection company SOAX.  The United Kingdom-based firm gathered fraud report data from the Federal Trade Commission in each fourth quarter from 2021 to 2024, analyzing the number of incidents and average

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