According to the FTC, fraud losses hit $15.9 billion in 2025. Imposter scams led in sheer number of reports, but investment scams caused the steepest financial damage.
Modern scams are increasingly personalized and may use AI, stolen data, and convincing impersonation tactics. Older adults report fraud less often but tend to lose more money when scams occur. Protect ...
It’s a social scam. According to the Federal Trade Commission, nearly 30% of people who reported being scammed in 2025 said the swindle began on social media. The agency said losses from these scams ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
Tickets to World Cup matches in the U.S. are selling for hundreds, thousands and even tens of thousands of dollars, prompting the Federal Trade Commission to warn fans about potential ticket scams.
Imposter scams were the top consumer complaint for the ninth year in a row, according to a recent report from the Federal Trade Commission. During 2025, the agency received more than 1 million reports ...
PeopleFinders reports that job scammers are increasingly using stolen identities to apply for jobs, leading to a rise in ...
Today’s financial scams are increasingly personalized, data-driven, and convincing—and they’re costing Americans more than ever. In 2025, consumers reported $15.9 billion in fraud losses to the ...
Nick Gallo has been a financial content marketer and journalist for over six years. He has deep expertise in credit-related topics, including credit reports and scores, loans and credit cards, and ...