Older Americans Are Suffering Disproportionate Losses One of the most troubling findings in the 2025 report involves Americans aged 60 and older. IC3 received 201,266 complaints from individuals aged 60 or older, an increase of 37% from 2024. Reported losses for this group reached approximately $7.75 billion, a 59% increase in a single year. The average reported loss was $38,500, and 12,444 complainants over the age of 60 reported losses exceeding $100,000. By comparison, individuals between 50 and 59 reported approximately $3.68 billion in losses. Those ages 40 to 49 reported about $2.96 billion; ages 30 to 39 reported $1.74 billion; and ages 20 to 29 reported approximately $563 million. Victims under age 20 reported approximately $67 million in losses. Among older victims, investment fraud was the greatest financial threat, producing approximately $3.52 billion in losses. Tech-support scams caused more than $1.04 billion in losses among people 60 and older, while confidence and romance scams resulted in approximately $584 million. BEC and government impersonation scams accounted for another $568 million and $413 million, respectively. Fake Banking Websites One of the ways criminals can so easily perpetrate cyber-enabled fraud is the proliferation of fake banking websites. With the help of AI, cybercriminals can create a look-alike domain and site in just a few minutes, complete with security controls for In the last year alone, the IC3 report showed more effective efforts by fraudsters to exploit individuals in the modern era of online banking, investing and cryptocurrencies. 15 NEBRASKA BANKER
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