New Jersey consumers reported losing $231 million to fraud in 2022 according to the Federal Trade Commission, up 77% from 2021 when they reported being scammed out of over $130 million. 

Federal data published on Thursday shows that while the number of reported fraud cases year over year has gone down, the amount of money they’ve reported losing has in turn skyrocketed. 

There were 48,226 cases reporting over $231 million lost last year, compared to 2021 when there were 57,435 cases reporting $130 million lost to fraud. The median amount lost to fraud last year in New Jersey was $800, up from $508 the year before. 

The most common type of fraud was imposter scams, accounting for a third of New Jersey fraud reports last year, according to federal data.