Reported losses by scam type
Total consumer losses reported to FTC & FBI IC3, 2024 (billions USD)
📈 High

Investment & Crypto Scams

The #1 loss category. Fake investment platforms and crypto "opportunities" targeting all ages, with older adults losing the most per incident.

$4.57B in reported losses (2024)
Full breakdown →
💔 High

Romance Scams

Fake online relationships designed to drain savings over weeks or months. Increasingly combined with investment scams ("pig butchering").

$1.14B in reported losses (2024)
Full breakdown →
🖥️ High

Tech Support Scams

Pop-ups, phone calls, and emails claiming your computer is compromised. Adults 60+ account for the majority of victims and the highest losses.

$924M in reported losses to adults 60+ (2024)
Full breakdown →
📋 High

Government Impersonation

IRS, Social Security, Medicare — callers impersonate trusted agencies with spoofed numbers. The most common scam call older adults receive.

$789M in reported losses (2024)
Full breakdown →
🤖 Rising

AI Voice Cloning

Criminals use AI to clone family members' voices from social media clips. Reports increased 300%+ year-over-year. Extremely hard to detect.

300%+ increase in reports (2024 vs 2023)
Full breakdown →
👵 High

Grandparent Scams

"I'm in jail, I need bail money." Callers impersonate grandchildren in distress. Now supercharged by AI voice cloning technology.

$152M in reported losses to adults 60+ (2024)
Full breakdown →
🎣 Medium

Phishing & Smishing

Fake texts about package deliveries, bank alerts, and toll fees. The most common entry point for nearly every other scam type.

#1 most reported fraud contact method
Full breakdown →
📲 Rising

QR Code Scams

Fake QR codes on parking meters, restaurant menus, and flyers redirect to credential-stealing sites. A newer threat growing rapidly.

587% increase in quishing attacks (2024)
Full breakdown →

Where this data comes from

Loss figures are drawn from the FTC Consumer Sentinel Network and the FBI Internet Crime Complaint Center (IC3) 2024 Elder Fraud Report. Threat levels are assessed based on year-over-year complaint volume, loss amounts, and targeting of adults 60+. "Rising" indicates scam types with the fastest growth rates, even if total loss volumes are still being quantified.

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