why might it be a good idea to report a scam to the ftc?

Reporting a scam to the Federal Trade Commission (FTC) is a good idea because your report helps the FTC see the full picture of what scammers are doing. When you report a scam, investigators use your information to build cases against scammers, which can lead to stopping them and protecting others from falling victim. Additionally, your report contributes to a database accessible by law enforcement agencies, aiding broader investigations and enforcement efforts. Even if you did not lose money, reporting can help educate the public about current scams and support efforts to catch criminals. Your story might be the key to tipping the balance against scammers and preventing further harm to others.