FBI says Americans lost $10.3 billion to internet scammers in 2022 | Engadget

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FBI says Americans lost $10.3 billion to internet scammers in 2022 | Engadget
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FBI says Americans lost $10.3 billion to internet scammers in 2022

If you know someone who fell for an online scam last year, you're far from alone. The FBIthat Americans submitting incidents to the agency lost $10.3 billion to internet scams in 2022, a steep jump from $6.9 billion in 2021. While there were fewer complaints , certain ripoffs were still very problematic. Investment scams were the most common and costliest schemes. Related fraud losses jumped from nearly $1.5 billion in 2021 to $3.

The FBI warns that its figures don't represent the entirety of online scams in the US. Not everyone who was the victim of a ransomware attack reported it to the bureau, Executive Assistant Director Timothy Langan says. However, he says the reports help law enforcement spot trends and otherwise deal with threats. The Investigators have better sense of what they need to address, even if they don't have the full picture.

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