24/7 Wall Street compiled a list of  “America’s Ten Most Fraud-Ridden States” from the U.S. Federal Trade Commission’s Consumer Sentinel Network Databook report (CSN). 24/7 Wall Street picked the ten states with the largest percentage of total complaints per 100,000 people and noted that states with large retirement populations were high on the list for fraud. They also noted that:
“According to the CSN,  more than 1.3 million consumer fraud claims were filed in 2010. Of the 27 categories, fraud related to identity theft, debt collection, Internet services and lotteries are the most prevalent. Consumers reported losing more than $1.7 billion in those complaints. The average amount lost was $594. ‘Eighty-six percent of the consumers who reported a fraud-related complaint also reported’ that they lost money, according to the report. In other words, Americans were victimized but were not sure what it cost them.”
In this bubble chart, the top ten states are ranked  in the legend from the most scammed (Florida) to the least scammed (New Jersey). The chart explores the relationship between fraud and homes in foreclosure or late on payments as an indicator of the state’s economic health.