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Investment Scams Cost $12.5B

This is a news story, published by Yahoo Finance, that relates primarily to the Federal Trade Commission news.

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Investment scams

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Common investment scams

Moneywise

Moneywise

•

Business

Business & Economics

Potential investors lost $5.7 billion to fraud in 2024 — here’s how to protect your money

Moneywise

Summary

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57% Informative

In 2024 alone, fraud cost Americans more than $12.5 billion , according to new data from the Federal Trade Commission .

Investment scams were the most costly, accounting for $5.7 billion in losses, a 24% increase from the previous year .

Watch for three key signs of investment fraud: Impersonation of a trusted source and high-pressure tactics.

VR Score

31

Informative language

15

Neutral language

21

Article tone

informal

Language

English

Language complexity

46

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

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medium-lived

External references

7

https://www.secretservice.gov/investigations/investmentfraud-pigbutchering https://moneywise.com/managing-money/stop-overpaying-for-these?throw=DM3_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=92788&utm_content=syn_edb73f21-c021-4fcb-938e-6c91bfa8f80a https://moneywise.com/retirement/retirement/hybrid-nothing-saved-for-retirement-catch-up?throw=DM1_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=92788&utm_content=syn_1af1c459-c62b-4c7f-9563-babbe438ae98 https://moneywise.com/real-estate/real-estate/diversify-with-real-estate?throw=DM2_yahoo&placement_syn=placement_1&utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=92788&utm_content=syn_015b7bd6-59b3-4dc8-b155-db7362315e6c https://www.ftc.gov/news-events/news/press-releases/2025/03/new-ftc-data-show-big-jump-reported-losses-fraud-125-billion-2024?utm_source=govdelivery https://moneywise.com/investing/is-a-financial-advisor-worth-it?throw=HALF_yahoo&placement_syn=placement_2&utm_source=syn_oath_mon&utm_medium=Z&utm_campaign=92788&utm_content=syn_11d5f31d-8eff-4c6e-a999-747f34ff2b45 https://dfi.wa.gov/financial-education/information/common-types-investment-fraud

Source diversity

4

www.secretservice.gov moneywise.com www.ftc.gov dfi.wa.gov

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