Scam losses fall to $913.1m in 2025

Impersonation scams surge despite fewer cases.

Scam cases fell 27.6% to 37,308 in 2025, whilst losses declined 17.9% to about $913.1m, according to the Annual Scam and Cybercrime Brief 2025.

Total scam and cybercrime cases dropped 24.8% to 41,974, and the Anti-Scam Command said it recovered about $140.5m and helped victims avert at least $348m in potential losses.

Cryptocurrency losses were about $182.2m, or about 20.0% of total scam losses, with Tether, Ethereum, and Bitcoin making up about 91.7% of reported crypto losses.

The report said 81.8% of scams involved self-effected transfers, whilst most cases involved smaller sums, with 67.1% below $5,000 and 5.2% at $100,000 and above, and a median loss of $1,644 per case.

By case count, the top scam types were e-commerce (6,703), phishing (6,264), job (5,575), investment (5,462), and government officials impersonation (3,363).

By losses, investment scams led at $336.2m, followed by government officials impersonation at $242.9m and job scams at $123.5m, whilst government officials impersonation cases more than doubled, and the report flagged PayNow transfers to payment service provider accounts and crypto transfers via newly created crypto accounts.

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