Product Review: Online Scams May Be Costing Americans 7 Times More Than Reported

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Details: Written by CNET Reviews; Category: Reviews; Published: 29 July 2026; Created: 29 July 2026; Last Updated: 29 July 2026

The fake package text. The too-good-to-be-true investment offer. The stranger in your DMs who quickly starts asking for money. Online scams have become a routine part of everyday internet use, and a new report estimates they may be costing Americans nearly $150 billion a year.

Product Review: Online Scams May Be Costing Americans 7 Times More Than Reported

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