3 phone scams are costing Americans billions of dollars

MLazarevski/Flickr Cyber scams get a lot of attention these days, but swindling strangers the old-fashioned way -- via phone -- is still netting crooks billions in ill-gotten cash. Almost one in 10 American adults admit to losing money in a phone scam in the past year, with an average loss of $430 per victim, according to a new report from TrueCaller. That adds up to a collective $9.5 billion lost. Nearly three-quarters of victims said they had received the call on their cell phone, and men were...