Report shows Americans lost record amount of money to scams in 2024

The report showed 38% of fraud reports involved lost money in 2024, compared to 27% in 2023. It also revealed that scam victims are losing higher dollar amounts; median losses were just under $500 ... Read More

Americans over 60 lost $3.4 billion to scams in 2023, FBI says

LOS ANGELES - Americans over 60 lost more money to scams in 2023 than the year before, according to a new report from the FBI. The agency’s annual "Elder Fraud Report," released Tuesday, shows ... Read More

Americans lost $5.7 billion to investment scams in 2024, FTC says. Here ...

Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself By Greg Iacurci, CNBC • Published March 15, 2025 • Updated on March 15, 2025 at 10:09 am ... Read More

AI is making scams smarter ... and more dangerous - ConsumerAffairs

Americans lost over $16 billion to online scams in 2024 — a 33% increase from the year prior. Generative AI is making scams harder to detect, more Trending ... Read More

Report shows Americans lost record amount of money to scams in 2024

The annual report from the FTC said Americans lost $12.5 billion to fraud last year–up 25% from $10 billion in 2023. The report showed 38% of fraud reports involved lost money in 2024, compared ... Read More

14 Financial Scams That Have Hurt Americans — Have You Been a Victim ...

There's a good chance you or someone you know has fallen victim to a financial scam and lost money as a result. Check Out: 6 Things the Middle Class Should Sell To Build Their Savings For You: 6 ... Read More

Americans over 60 lost $3.4 billion to scams in 2023, FBI says

What we know: The FBI received over 101,000 complaints from Americans over 60 in 2023 — a 14% jump from the previous year. The average reported loss was nearly $34,000, and 5,920 individuals ... Read More