Truecaller’s Eighth Annual “Insights U.S. Spam & Scam Report” Reveals U.S. Hispanics Suffered Financial Loss due to Phone Scams at a Higher Rate than the General Population in 2021

Financial Loss to Hispanics in the U.S. is the Highest Ever Recorded in Eight Years of Researching Scam and Spam Calls by Truecaller

WASHINGTON, May 24, 2022 /PRNewswire/ — Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, announced today the results of its eighth annual Insights U.S. Spam & Scam Report. The research conducted in partnership with The Harris Poll shows that Latinos in the U.S. are seeing financial loss due to spam and scam calls at a disproportionately higher rate than the general population. In the past 12 months, 35% of U.S. Hispanics report having lost money because of phone scams compared to 26% of the general population. 

U.S. Hispanics will more often depend on international phone calls from family members living in foreign countries and therefore are more prone to caller-ID confusion when trying to decipher the legitimacy of incoming, unrecognized phone calls. U.S. Hispanics are 7% less likely to ignore an unknown phone number compared to the general population. Similarly, only 59% of Hispanics say they will delete a text from an unknown phone number compared to 62% of the general population. The research shows Hispanics are more likely to engage with unidentified callers and texters, therefore increasing their chances of interacting with scammers. Hispanics are also 38% less likely to register for protective measures against spam calls compared to the general population. 

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