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FBI Report: Americans lost $16.6 billion to scammers in 2024

Posted on 4/25/25 at 3:45 pm
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
55714 posts
Posted on 4/25/25 at 3:45 pm
Keep an eye on your parents and grandparents

quote:

Seniors lost $4.8 billion in 2024 to scammers, according to a report released Wednesday by the FBI.

In total, people in the United States lost $16.6 billion in 2024, representing a 33% increase in losses from 2023 to 2024.

"Every number in this report represents a real person, a victim whose trust was betrayed, whose financial security was compromised and whose voice deserves to be heard," Christopher Delzotto, the section chief of the FBI's Criminal Investigative Division, told reporters during a conference call.

Investment scams are when someone is tricked into investing in stocks, bonds, real estate or other assets with a return that is almost too good to be true, and losses among the public to scammers have increased over the past five years, according to statistics released in the report, with people losing $50.5 billion in total over that time frame.


quote:

Those scammed lost $2 billion in business email compromise scams, which occurs when scammers pretend to be a supervisor or co-worker and ask for money or gift cards. Technology support scams, which happens when someone pretends a computer or other tech item has an issue, also netted more than $1 billion.

Toll scams, in which people get a text message that they have a toll bill outstanding, led to over 59,000 complaints, and people lost almost $130,000 in these scams. Emergency scams, which happen when someone calls a grandparent and pretends to be in distress, resulted in $2.7 million in losses.

People ages 50-59 saw the second-most losses behind seniors, at $2.5 billion.

California, Texas and Florida were the states with the most losses, according to the report.



LINK
Posted by Corinthians420
Iowa
Member since Jun 2022
12726 posts
Posted on 4/25/25 at 3:48 pm to
your number is off by a huge factor
quote:

In 2024, the IRS collected more than $5.1 trillion in tax revenue, collected more than $98 billion in enforcement revenue and distributed $553 billion in federal tax refunds and other outlays.
Posted by OweO
Plaquemine, La
Member since Sep 2009
117209 posts
Posted on 4/25/25 at 3:48 pm to
On one hand its not surprising...On the other... I would have never guessed that much.. I would have said something like... "just under a billion".
Posted by msap9020
Texas
Member since Feb 2015
1667 posts
Posted on 4/25/25 at 3:49 pm to
quote:

People ages 50-59 saw the second-most losses behind seniors, at $2.5 billion.


This is a bit surprising
Posted by HighRoller
Baton Rouge
Member since Nov 2011
4957 posts
Posted on 4/25/25 at 3:51 pm to
Jason Statham movie Beekeeper gives a good background into some of that
Posted by oldtrucker
Marianna, Fl
Member since Apr 2013
2416 posts
Posted on 4/25/25 at 3:55 pm to
I am amazed how quickly folks are deceived. I guess I've always been a skeptic so it keeps me grounded.
Posted by Dantheman504
N/A
Member since Jun 2013
4923 posts
Posted on 4/25/25 at 3:56 pm to
quote:

People ages 50-59 saw the second-most losses behind seniors, at $2.5 billion.

This is a bit surprising


It is not in the least bit surprising that old people are getting scammed frequently with modern tech, AI, etcc.

Digitized money and platforms are already new to older people and they likely can't tell the difference between real or scams.

Weren't seniors already the highest % to get scammed? What's surprising?
This post was edited on 4/25/25 at 3:57 pm
Posted by Hennigan
Member since Jan 2020
1199 posts
Posted on 4/25/25 at 4:04 pm to
We should make the foreign countries where this stuff originates from put a stop to it and refund monies. If not, bombs away.
Posted by Dr Rosenrosen
Member since May 2006
3725 posts
Posted on 4/25/25 at 4:13 pm to
The toll scam is getting past its prime. I get that scam at least once per month now.

My favorite is the court papers scam. The scammer has an obvious Indian accent yet gives an American sounding name (e.g. Amy Cooper) and demands immediate payment to avoid a legal summons. As if I'm going to fall for that nonsense.
Posted by Pax Regis
Alabama
Member since Sep 2007
14283 posts
Posted on 4/25/25 at 4:15 pm to
It’s just generational reparations from Boomers.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
37629 posts
Posted on 4/25/25 at 4:15 pm to
I imagine AI makes it pretty dang easy to scam old people these days
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
55714 posts
Posted on 4/25/25 at 4:38 pm to
quote:

My favorite is the court papers scam. The scammer has an obvious Indian accent yet gives an American sounding name (e.g. Amy Cooper) and demands immediate payment to avoid a legal summons. As if I'm going to fall for that nonsense.


It's stopped for me, but I used to get calls daily from scammers pretending to be the IRS. If I had the time, I really enjoyed fricking them. It's really funny shite when they start cussing at you with their thick accents.
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
35143 posts
Posted on 4/25/25 at 4:39 pm to
Suckers.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77217 posts
Posted on 4/25/25 at 4:42 pm to
Posted by tigerskin
Member since Nov 2004
42947 posts
Posted on 4/25/25 at 5:10 pm to
And that doesn't include all the seniors involved in romance scams that won't acknowledge they are being scammed.

Yes the AI is off the chains and they can make it like any famous person is talking, singing to you etc. But still mind blowing to fall for that crap.
This post was edited on 4/25/25 at 5:12 pm
Posted by kengel2
Team Gun
Member since Mar 2004
32867 posts
Posted on 4/25/25 at 5:17 pm to
quote:

Jason Statham movie Beekeeper gives a good background into some of that


I didn't want to watch that movie until my friend explained what it was about. I've gotten a shite ton a spam calls this week so I'm 100% behind the beekeeper.
Posted by PowerTool
The dark side of the road
Member since Dec 2009
22338 posts
Posted on 4/25/25 at 7:46 pm to
quote:

Keep an eye on your parents and grandparents



It's amazing how many issues my dad has had, or how many normal things he thinks are fraud or scams now.

I think their generation is so quick to stay hip to the technology that their kids and grandkids are using, that they don't take precautions with things like finances on mobile devices.

And they still think they can take care of everything on their own, so they'll start clicking on shite instead of asking someone else in real life.
This post was edited on 4/25/25 at 9:05 pm
Posted by BobABooey
Parts Unknown
Member since Oct 2004
15400 posts
Posted on 4/25/25 at 7:58 pm to
Larry Leo gets compensated for his posts.

We need to clean our own house before we lecture others about falling for scams.
Posted by Larry Gooseman
Houston
Member since Mar 2014
2729 posts
Posted on 4/25/25 at 8:04 pm to
Neighbor told me someone hacked his pool contractors email and gave neighbor instructions to wire them $40k per a milestone in their pool build. Struck neighbor as strange because everything else had been checks.

After he wired the money he texted contractor. Calamity ensues when they realize they wired it to a scammer. Well within 24 hours the FBI is involved and they somehow get restitution, not sure if they can claw back money close to the wire.

That was eye opening because this couple are both savvy professionals, not grandparents.
Posted by mudshuvl05
Member since Nov 2023
1616 posts
Posted on 4/25/25 at 8:07 pm to
My wife's grandfather is a retired commissioned Colonel in the army. He has that built-in boomer millionaire wealth to go along with his hard work and service to country.

Meaning, he has alot of money left to be scammed out of, and what's worse is he's slowly slipping into dementia.

He was scammed out of 8 thousand dollars of apple gift cards by some jeet in India.

12 years ago, my late, maternal, widowed grandmother who was on a fixed income had her computer hacked downloading games on Facebook. They told her she had to pay them $2000 to unlock her computer, and she paid them. Obviously they never followed up on their end of the deal and she couldn't make ends meet that month. She didn't tell me until well after the fact.

I think about those people who did that to them every so often. I would have to answer to the God of the universe for what I would do to them, and will certainly have to answer for the hate I have in my heart towards them. I would burn them alive without a second thought.
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