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Businesses urged to help tackle impersonator scams – 2025’s most reported fraud

Image of a woman looking into a computer screen.
Photo: Richard Baker/In Pictures Ltd./Corbis via Getty Images

From shopping and investment scams to romance-based ones, imposters are thriving on social media, and your business could be one of the entities being impersonated.

Americans lost $3.5 billion to imposter scams in 2025, with reported losses nearly tripling since 2020, according to the US Federal Trade Commission (FTC).

“People reported imposter scams more than any other fraud category in 2025 – nearly one in three fraud reports were about imposter scams” the FTC said. Consumers were lured

The FTC