Americans lose $20B to crime methods

Cybercrime in the United States has reached a record-high loss of nearly $21 billion in 2025, with social media scams accounting for $2.1 billion of that total. The FBI reports that most victims do not report these crimes, which often involve sophisticated tactics such as social media manipulation and AI-generated voice scams. Efforts to combat the surge include increased collaboration between banks, law enforcement, and international authorities, as well as sanctions and seizure of assets linked to scam operations. However, long-term solutions require legislation and expanded private-sector cooperation to disrupt these criminal networks effectively.

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