Americans lost a record $15.9 billion to scams in 2025, FTC says
Investment scams accounted for nearly half of the record losses, and the FTC said fraud reports climbed to 3 million.
6 Articles
6 Articles
Simple ways to spot scams as fraud losses soar in 2025
April is Financial Literacy Month, and experts say protecting your money is becoming just as important as growing it. New Federal Trade Commission data shows consumers reported losing nearly $16 billion to fraud and scams nationwide in 2025 — a sharp increase from roughly $12 billion to $12.5 billion in 2024. Impostor scams remain the most common threat, with criminals posing as banks, government agencies, the IRS, Social Security and even law e…
Americans lost a record $15.9 billion to scams in 2025, FTC says
The billions of dollars lost to fraud just keep piling up. Crooks and con artists stole a record $15.9 billion in 2025 in a variety of scams — up from $12.5 billion in 2024, according to the latest data from the Federal Trade Commission.
Panelists Share the Innovations That Have Helped Reduce Telecom and Texting Scams
WASHINGTON, April 3, 2026 – Over 50% of people globally report receiving a scam attempt through a phone call, text, or email. Thirty-five percent believe it should be up to government or commercial entities to do something about it. This research, presented by the Global Anti-Scam Alliance, highlighted the ubiquity of scams and set the foundation for a panel discussion on Thursday hosted by The Stimson Center, a policy think tank focused on int…
April is the Month of Financial Education, and while many focus on saving and building wealth, protecting money is more important than ever. According to the Federal Trade Commission (FTC), consumers reported losses of nearly $16 billion for fraud and scams in 2025 — a sharp increase of between $12 thousand and $12.5 billion in 2024. Fraudster scams top the list, with criminals impersonating banks, government agencies, IRS, Social Security and e…
Report: Michigan consumers impacted by $119B in online scam losses
Online scams are draining billions of dollars from Americans every year, including victims in Michigan, according to a new report. Federal data show fraud losses in Michigan rose about 30% from 2023 to 2024, highlighting the rapid growth of scams. The report from the Consumer Federation of America estimates Americans lose at least $119 billion annually to online scams, far higher than the roughly...
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