03/31/2026 06:14 pm
NEW YORK— Scams often succeed because victims send money before they have time to stop and think, with nearly two-thirds of scam payments made within 24 hours, according to a November report from PYMNTS Intelligence, commissioned by Block. Based on a survey of 15,110 U.S. consumers, PYMNTS found 19% said they had experienced at least one scam over the past five years.