The 'scam economy' keeps growing, as fraudsters steal money through wire transfers, gift cards, payment apps and cryptocurrency.

Federal Trade Commission data showed Americans reported losing a record $15.9 billion to fraud in 2025. Federal Trade ...

Fraud losses reported by people 60 and older climbed to nearly $2.4 billion in 2024, quadrupling since 2020 Investment scams—often tied to social media pitches—drove the biggest losses, while phone ...

Phony promises to triple your retirement savings and other wild schemes engineered by scammers can stir up all sorts of financial woes for seniors. According to a new report from the Federal Trade ...

Older Americans are losing more money than ever to scams, according to a new Federal Trade Commission report to Congress, with losses climbing sharply over the past four years. The FTC’s 2024–2025 ...

The Federal Trade Commission warns of new scams related to the ongoing conflict in Iran, targeting individuals' money and ...

A report from the Federal Trade Commission (FTC) finds that seniors reported losing more than $1.9nine billion to fraud last year. The finding shows older Americans also lost more money to fraud using ...

Adults 60 and older reported losing $2.4 billion in 2024 to fraud, including money lost to investment scams, according to the FTC's annual report to Congress released Dec. 1. That's up 26.3% Many ...

FTC: $15.9B lost to scams in 2025. Investment and social-media scams top the list — report fraud at ReportFraud.ftc.gov.

Alongside the use of CAPTCHA's, this new texting scam is even harder to detect by automated software.