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FTC Reports Imposter Scam Losses Hit $3.5 Billion in 2025

Summary by MyChesCo
WASHINGTON, D.C. — Americans reported losing $3.5 billion to imposter scams in 2025, nearly triple the amount reported five years earlier, as fraudsters increasingly used fake identities and digital channels to convince consumers to hand over money, according to new data released by the Federal Trade Commission. Imposter scams were the most frequently reported type of fraud last year, accounting for nearly one-third of all fraud reports received…
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MyChesCo broke the news on Saturday, June 20, 2026.
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