Americans reported a record $15.9 billion in fraud losses last year, representing a 25%…

13 DAYS AGO 20:57 · 7 Sept 2026

Scams in the US are at a record high. Yet most victims get no help and some end up losing even more - WCCB Charlotte — Photograph: WCCB Charlotte

Americans reported a record $15.9 billion in fraud losses last year, representing a 25% increase from 2024 according to Federal Trade Commission figures cited by the Associated Press and FRONTLINE.

Federal Trade Commission estimates put actual losses for 2024 closer to $200 billion as many victims decline to report crimes due to embarrassment, WCCB Charlotte reports.

Scams in the US are at a record high. Yet most victims get no help and some end up losing even more - WCCB Charlotte Virtually every American has been targeted by scammers in some way, new polling data shows. Scams in the U.S. have surged to a record high, causing billions in losses for Americans, but U.S. still lags behind some other countries in tackling the problem. wccbcharlotte.com

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