Wrong Number Text Scams
Americans lost $470 million to text scams in 2024, according to the FTC.
Wrong number text scams, a form of social engineering, lure victims into fraudulent investment schemes, contributing to the $4.57 billion lost to investment fraud in 2023 (FBI IC3).
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How It Works
Red Flags
- You receive a vague message from an unknown number.
- The sender continues the conversation after you state they have the wrong number.
- The conversation quickly becomes overly friendly, personal, or romantic.
- The sender suggests moving the conversation to an encrypted messaging app like WhatsApp or Telegram.
- They bring up lucrative cryptocurrency or other investment opportunities and claim they can teach you.
- The sender's profile picture looks like a professional model or they send glamorous photos of a lavish lifestyle.
- They refuse to have a video call or meet in person.
What to Do If Targeted
- Do not respond to the message, even to say 'wrong number.' Replying confirms your number is active.
- Block the phone number immediately to prevent further contact.
- Delete the text message from your phone.
- Never click on any links or download attachments sent from an unknown number.
- Do not share any personal or financial information with someone you have only met via text.
- Forward the unwanted scam text to 7726 (SPAM) to help your wireless carrier block future scam texts.
How to Report It
- FTC — File a fraud report with the Federal Trade Commission to help with law enforcement investigations.
- FBI IC3 — Report the incident to the FBI's Internet Crime Complaint Center (IC3), especially if financial loss occurred.
- FCC — File a complaint about phone scams, robocalls, or unwanted calls with the Federal Communications Commission.
- AARP Fraud Helpline — Call 877-908-3360 for free support from trained fraud specialists. Available to anyone, not just AARP members.
Key Statistics
- In 2023, the FBI's Internet Crime Complaint Center (IC3) received 880,418 complaints with potential losses exceeding $12.5 billion. — FBI IC3 2023 Internet Crime Report
- Losses from investment fraud rose to $4.57 billion in 2023, a 38% increase from the previous year, making it the costliest crime tracked by the IC3. — FBI IC3 2023 Internet Crime Report
- Within investment fraud, losses specifically from crypto-investment scams grew by 53% from 2022, reaching $3.94 billion in 2023. — FBI IC3 2023 Internet Crime Report
- Consumers reported losing $470 million to scams that originated with a text message in 2024, a fivefold increase from 2020. — FTC 2025 Data Spotlight
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