Congress report: US recovers only fraction of $18B lost to cyberscams
A Joint Economic Committee investigation led by Democratic lawmakers Sen. Maggie Hassan and Rep. Don Beyer found that Americans reported about $18 billion in cyberfraud losses to the FBI last year, while federal agencies have no unified tally of money seized from overseas scam compounds or returned to victims. Agency figures cited include $336 million returned by the FBI in 2025, $1.83 billion by the FTC, and over $770 million by the Secret Service across 2024-2025, though much of that spans fraud types beyond scam compounds.