The U.S. and Internet Scams
- The U.S. is the most scammed country in the world with more than a million scam complaints and $20.9 billion lost to scams in 2025.
- 22,000+ scam complaints came from Michigan.
- There was a 26% increase in losses from 2024 to 2025.
- Youth financial losses have grown faster than any other group over the years.
Romance scams continue to be a significant issue:
- The average loss per scam victim in 2025 was $40,100.
- Over half of victims fail to report their experience.
Email, text, and messaging apps remain important channels for scam contact.
Many online scams start on social media sites:
- 3 in 4 were initiated through Facebook
- 1 in 5 were initiated through YouTube
- Instagram, Reddit, X, and TikTok have also been linked to fraudulent schemes.
Remember:
- MSGCU will never ask for your password or one-time pin.
- If someone asks, it’s a scam. If you think you’ve been a victim of a scam, contact MSGCU immediately at (586) 263-8800 or at msgcu.org.
- Want to learn more ways to stay safe? Visit msgcu.org/securitycenter.
- To file a scam complaint, visit www.ic3.gov.
Category: Security
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