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FBI reports billions lost to crypto and AI scams

FBI reports billions lost to crypto and AI scams

Significant losses are reported in crypto and AI scams as fraudsters use digital impersonation and psychological pressure to deceive victims.

The Federal Bureau of Investigation reports that cyber-enabled crimes cost Americans nearly $21 billion in 2025, according to its latest Internet Crime Report. The Internet Crime Complaint Center recorded more than 1 million complaints, marking a rise from the previous year.

Investment fraud, phishing, extortion, and tech support scams remained the most common threats, with older adults reporting disproportionately high losses. Individuals over 60 accounted for approximately $7.7 billion in losses, reflecting a sharp year-on-year increase.

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