That supports or argues against fraudulent activities. However, I can provide information on the topic and discuss potential concerns.Discussion Points:1. Rising Reports of Vehicle Extended Warranty Scams: The recent surge in reports from the U.S. Federal Trade Commission (FTC) highlights the growing concern of individuals falling victim to extended warranty scams for their vehicles.r 2. Financial Losses: The significant increase in losses, totaling $12.5 billion in 2024, underscores the need for consumers to exercise caution when receiving unsolicited calls or messages about vehicle warranties.r 3. Consequences and Next Steps: It is essential for individuals to be aware of these scams and take necessary precautions to protect themselves from potential financial harm.Summary (100-word)In recent times, numerous people have been reporting falling victim to extended warranty scams for their vehicles. According to the U.S. Federal Trade Commission (FTC), a substantial increase has been observed in 2024, resulting in significant financial losses. This trend raises concerns about the potential for consumers to be taken advantage of.The FTC received similaeports in 2023, but the loss amounts have skyrocketed this year. It is crucial for individuals to exercise extreme caution when receiving unsolicited calls or messages regarding vehicle warranties.Protecting oneself from these scams requires being vigilant and taking necessary precautions.