Back
71· Active
Economics5h 57m ago
Americans lost nearly $18 billion to cyber-enabled fraud and scams in 2025, with nearly 73% of U.S. adults reporting having experienced an online scam or attack.
Archive Window: 7 Days Left
Minnehaha County, North Dakota, South Dakota, Fargo-Moorhead
Who
Baishali Rahman, Minnehaha County Sheriff’s Office, South Dakota Unified Judicial System, Federal Trade Commission, FBI, Federal Communications Commission
What
Americans lost nearly $18 billion to cyber-enabled fraud and scams in 2025, with nearly 73% of U.S. adults reporting having experienced an online scam or attack.
When
Sat, 13 Jun 2026 07:02:54 GMT · 5h 57m ago
Where
Minnehaha County, North Dakota, South Dakota, Fargo-Moorhead ·
Why
Online scams impose a hidden tax on the digital economy by forcing businesses to invest more in security, leading to higher prices and friction in transactions, and disproportionately burdening lower-income households.
The Frontline Impact
How this affects you
The widespread nature and economic cost of online scams, exemplified by a recent traffic notice scam, increase costs for all consumers through heightened business security measures and impose significant financial burdens, especially on vulnerable populations. This necessitates coordinated efforts from users, service providers, and government agencies to combat the issue.
Story chain
2 events in this thread- Currently Reading5h 57m agoAmericans lost nearly $18 billion to cyber-enabled fraud and scams in 2025, with nearly 73% of U.S. adults reporting having experienced an online scam or attack.
- Economics5h 57m agoOnline scams currently act as a hidden tax on the digital economy, impacting both those who lose money and others through increased costs for businesses.Open article