Is AI a threat? Yes — it is already emptying Americans’ bank accounts.
Summary
The Consumer Federation of America reports that online scams and crimes are expected to cause Americans to lose $148 billion in 2025. This amount is nearly 26 percent higher than the previous year, showing a sharp increase in financial losses linked to internet fraud.Key Facts
- In 2025, Americans could lose $148 billion to online scams and crimes.
- This predicted loss is about 26 percent more than the year before.
- The data comes from the Consumer Federation of America, a group that studies consumer issues.
- The increase suggests that online fraud is becoming more common or more costly.
- Scams and crimes happen on the internet, often tricking people out of their money.
- The report highlights growing financial risks related to digital activities.
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