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FBI Data Shows Record $20.9 Billion Lost to Online Scams as Banks and Lawmakers Seek New Defenses

Internet-enabled crime cost Americans a record $20.9 billion in 2025, a 26% rise, with older adults losing $7.7 billion. Banks, law enforcement and Congress are weighing new measures against scams that often originate overseas.

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Internet-enabled crime cost Americans a record $20.9 billion in 2025, a 26% rise, with older adults losing $7.7 billion. Banks, law enforcement and Congress are weighing new measures against scams that often originate overseas.

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