Investment Fraud in US Surges 87% in Two Years, FBI Report Warns

WASHINGTON — Investment fraud has become the largest cybercrime category in the United States in 2026, with losses surging 87 percent over just two years, according to a new report by the Federal Bureau of Investigation (FBI).
The report reveals that financial losses from investment scams rose from $4.6 billion in 2023 to $8.6 billion in 2025. Simultaneously, fake technical support and customer service fraud increased by a staggering 131 percent, resulting in $2.1 billion in losses. Lottery, prize, and inheritance scams also saw a sharp rise, with victims losing $194 million — more than double the $94 million recorded previously.
Americans aged 60 and above remain the hardest-hit demographic, losing over $3.5 billion to investment fraud alone. Experts attribute their vulnerability to social isolation, limited familiarity with AI tools, and retirement savings being concentrated in bank accounts. However, younger investors are increasingly falling prey to fraudulent stock tips and fabricated investment schemes as well.
Fraudsters typically make contact through social media messages, emails, or phone calls, luring victims with promises of unrealistic returns before demanding immediate cash or cryptocurrency transfers. Experts warn that AI-generated deepfake videos and impersonation tactics are making such scams increasingly difficult to detect.
The FBI has urged citizens to verify any investment opportunity through official regulatory bodies and consult licensed financial advisors before committing funds.