Imposter scams were the most commonly reported type of fraud in 2025, with Americans reporting $3.5 billion in losses, according to new data from the US Federal Trade Commission (FTC). Reported losses have increased nearly three times since 2020, and the true number is likely much higher since many scams go unreported. Losses across all types of fraud surged to $16 billion, a 25% increase compared to 2024.