Episode Details

The FBIs latest Internet Crime Report reveals a staggering surge in online fraud, with over one million complaints and a record-breaking $16.6 billion in losses. Phishing and spoofing topped the list, followed by extortion. Elder fraud saw a 37% increase, with victims over 60 losing an average of $38,500 each. Crypto scams also skyrocketed, with $11 billion stolen, primarily by organized groups in Southeast Asia. AI-generated scams added another $893 million to the tally. The FBI responded with a Scam Center Strike Force and Operation Level Up, recovering $679 million and alerting 78% of victims. Stay vigilant to combat these sophisticated scams.

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