Record Losses: Americans Lose $15.9 Billion to Scammers; FTC Issues Urgent Recommendations

 The Federal Trade Commission (FTC) reported in a recent update that Americans lost a record $15.9 billion in 2025, with half of these losses attributed to investment scams. The commission noted that scammers often pose as financial advisors to deceive victims. In light of these threats, the FTC recommended strict verification of organization and agent documents before making any investments. Meanwhile, Jonathan Burke of the Treasury Department confirmed that the U.S. government is currently updating regulatory regimes and pursuing international networks, particularly in countries like Cambodia, to curb this growing phenomenon.