Overview
- The FBI's Internet Crime Complaint Center (IC3) recorded a record $16.6 billion in online scam losses in 2024, up from $12.5 billion in 2023.
- A total of 859,532 complaints were filed, reflecting the growing prevalence of cybercrime and victim reporting.
- Investment scams, including 'pig butchering' schemes, accounted for $6.6 billion in losses, nearly doubling since 2022.
- Americans aged 60 and older reported the highest financial losses, totaling more than $4.8 billion, with $2.8 billion tied to cryptocurrency scams.
- Emerging tactics, such as fake toll text scams, prompted 58,271 complaints, exposing new vulnerabilities in digital fraud.