Scam-related losses in the United States have reached a record high, with victims facing mounting financial pressure and limited support in recovering stolen money, according to a report by AP News.
Americans reported losing $15.9 billion to scams in 2025, a 25% increase from the previous year, according to the Federal Trade Commission figures cited in the report. The actual losses are believed to be considerably higher, as many victims hesitate to report fraud because of embarrassment or a lack of confidence in the authorities.
An investigation by The Associated Press and PBS FRONTLINE interviewed 58 scam victims aged between 32 and 90. Their reported losses ranged from thousands of dollars to $4 million, with several describing severe emotional distress and financial hardship after the crimes.
One victim, identified as Simon, lost $800,000 in a romance scam after seeking companionship following his wife’s death. Despite approaching local police and the FBI, he said he received little assistance. He was later targeted by another scammer who promised to help recover his money in exchange for an additional payment.
The investigation found that advances in artificial intelligence and cryptocurrency have enabled fraudsters to operate on a larger scale and made it harder to trace stolen funds. Victims may also face loan repayments, bank fees and tax liabilities after losing their savings.
In one case, retired nurse Susan Bivins said she lost more than $200,000 to a scammer impersonating a federal agent and subsequently received an $80,000 tax bill.
Although US authorities have introduced initiatives to disrupt international scam networks, gaps in enforcement and victim support remain. Unlike several other countries, the US generally offers limited reimbursement when victims are tricked into authorising transactions themselves.
The investigation highlights the need for stronger safeguards, better coordination among agencies and improved mechanisms to help victims recover their money.
