Scam statistics 2026: the latest official figures

How much money do people lose to scams? The most recent official numbers from the US, the UK, Europe, Australia, Canada and worldwide, in one place, with a link to every source.

Key numbers

  • Americans reported losing $15.9 billion to fraud in 2025, according to the FTC, up from over $12 billion the year before.
  • The FBI's IC3 received 1,008,597 complaints with $20.877 billion in reported losses. People over 60 reported $7.748 billion of that.
  • In the UK, £1.28 billion was stolen through payment fraud, and authorised push payment (APP) scam losses rose 19 per cent.
  • Australians reported A$2.18 billion in scam losses; investment scams caused the most.
  • Investment scams were the costliest category in the US, Australia and Canada.

These are reported losses. Most scams are never reported: the Canadian Anti-Fraud Centre estimates only 5 to 10 per cent of frauds reach it. The real totals are much higher.

United States: Federal Trade Commission

2025 data · Published 2026-03-25 · FTC Testifies before the Joint Economic Committee on Agency's Efforts to Combat Fraud

Reported fraud losses$15.9 billion
Reported to the FTC by consumers in 2025, up from over $12 billion the year before
Fraud reports3 million
Up from 2.6 million fraud reports the previous year
Top category by lossInvestment scams: $7.9 billion
Consumers reported losing the most money to investment scams in 2025
Most reported fraudImposter scams: more than $3.5 billion lost
More than 1 million imposter scam reports; the most reported fraud since 2020
Top contact method by lossSocial media: $2.1 billion
Nearly 30% of people who reported losing money to a scam said it started on social media (FTC press release, April 27, 2026) (source)

United States: Federal Bureau of Investigation, Internet Crime Complaint Center (IC3)

2025 data · Published 2026-04-06 · 2025 IC3 Annual Report (Internet Crime Report)

Reported losses$20.877 billion
Losses reported to IC3 in 2025
Complaints1,008,597
Up from 859,532 in 2024
Top crime type by lossInvestment fraud: $8,648,617,756
Business email compromise losses$3,046,598,558
From 24,768 complaints
Cryptocurrency-related losses$11.366 billion
From 181,565 complaints involving cryptocurrency
Losses reported by people over 60$7.748 billion
From 201,266 complaints; losses up 59% and complaints up 37% from 2024

United Kingdom: UK Finance

2025 data · Published 2026-06-15 · Annual Fraud Report 2026 (press release: Fraud remains a national security threat as criminals steal almost £1.3 billion)

Total fraud losses£1.28 billion
Stolen through payment fraud in 2025, up four per cent
Unauthorised fraud losses£703.4 million
Down five per cent
APP scam losses£576.4 million
Authorised push payment fraud, up 19 per cent
Unauthorised fraud prevented£1.68 billion
Stopped by the banking industry before it could be stolen
Fraud cases3.81 million
Up 11 per cent
APP losses reimbursed£354.3 million
Equivalent to 61 per cent of APP losses

Australia: Australian Competition and Consumer Commission, National Anti-Scam Centre

2025 data · Published 2026-03-30 · Targeting scams: report of the National Anti-Scam Centre on scams data and activity 2025 (media release: Continued action critical to combat fraud as annual scam losses exceed $2 billion)

Reported scam losses$2.18 billion
Australian dollars; losses up 7.8 per cent compared with 2024
Scam reports481,523
Combined total across reporting agencies in 2025
Reports with a financial loss274,577
Top scam type by lossInvestment scams: $837.7m
Australian dollars
Share of losses by people aged 65 and over26.5 per cent
This age group is about 17.1 per cent of the population

Canada: Canadian Anti-Fraud Centre

2025 data · Published 2026-03-06 · Fraud Prevention Month to bring hidden crime into the spotlight

Reported fraud lossesover $704 million
Canadian dollars, lost to fraud in 2025
Fraud reportsover 112,000
Received by the Canadian Anti-Fraud Centre in 2025 (Fraud Prevention Month 2026 page) (source)
Share of frauds reportedonly 5% to 10%
Most fraud goes unreported, so real losses are far higher
Reported losses since 2022surpassing $2.4 billion
Canadian dollars
Top fraud types by financial impactInvestment fraud, romance fraud and job fraud

Global: Global Anti-Scam Alliance (GASA)

2025 data · Published 2025-10-07 · Global State of Scams Report 2025

Estimated scam losses$442 billion
Estimated losses across the 42 countries surveyed, based on a consumer survey
Adults who lost money to scams23%
Of 46,000 people surveyed, in the past year
Adults who experienced a scam57 percent
Share of adults worldwide (GASA and Feedzai launch post, October 7, 2025) (source)
Survey size46,000 adults across 42 markets

Europe (EEA): European Central Bank and European Banking Authority

2024 data (latest available) · Published 2025-12-15 · Joint EBA-ECB report on payment fraud: strong authentication remains effective but fraudsters are adapting

Payment fraud value€4.2 billion
Total payment fraud in the EEA in 2024, up from €3.5 billion in 2023
Credit transfer fraud€2.2 billion
2024, a 16% year on year increase
Credit transfer losses borne by usersapproximately 85%
Share of credit transfer fraud losses borne by payment service users in 2024
Card fraud outside the EEA17 times higher
Card payment fraud when the recipient was outside the EEA, where strong authentication is not legally required

What the numbers mean for you

  • Investment and crypto scams take the most money. Be very wary of any investment you found through social media, a dating app or a stranger. How investment scams work.
  • Impersonation is the most common trick. Scammers pretend to be banks, delivery firms, government agencies and family. See how to spot fake brand messages.
  • Social media is a major starting point. In the US, social media was the contact method with the highest reported losses.
  • Older adults are hit hard. In the US, people over 60 reported $7.748 billion in losses to the FBI in a single year. Talk to parents and grandparents about scams, and set up a family safe word.

About these figures

We only use figures published by the official source itself, copied exactly, with currencies as published. Different organisations count different things (reported consumer fraud, internet crime complaints, payment fraud), so the numbers can't simply be added together. 2025 data is used where it has been published; where a source has not published 2025 figures yet, we show its latest report and say so. The global figure from the Global Anti-Scam Alliance is a survey-based estimate, not a count of reports.

Journalists, researchers and teachers

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Think you've got a scam message? Check it free, or read what to do if you've been scammed.

Questions

How much money is lost to scams each year?

In 2025, Americans reported $15.9 billion in fraud losses to the FTC, and the FBI's IC3 recorded $20.877 billion in reported internet crime losses. The Global Anti-Scam Alliance estimates $442 billion was lost across the 42 countries in its survey. Because most scams are never reported, real losses are higher.

What type of scam causes the biggest losses?

Investment scams. They were the top category by reported loss for the FTC and the FBI in the US, and the top scam type by loss in Australia. In Canada, investment fraud also caused the biggest losses.

How many people are scammed?

In the Global Anti-Scam Alliance survey of 46,000 adults in 42 markets, 23% said they had lost money to a scam in the past year.