According to the FBI’s 2025 Internet Crime Report, reported losses from internet crime exceeded $20 billion. The FTC also says impostor scams remained the top scam category in 2025, with reported losses rising to $3.5 billion. These numbers are alarming, and the real story often starts with one phone call.

How Scammers Operate

Scammers often begin by creating fear and urgency, pretending to be law enforcement or another trusted authority. They may cite a real agency or use the name of a real agent. Once fear kicks in, the scammer starts giving instructions, which can include a fake reason for a withdrawal or warning that the bank will ask questions.

Darius Kingsley, Head of Consumer Fraud and Scam Prevention at JPMorgan Chase, explains that scammers may coach victims on what to say to bank tellers. If a teller starts chatting with you during a large withdrawal, it may feel nosy, but there is a good reason for that. Bank staff may notice someone who seems nervous, stays on the phone, or gives a story that starts to fall apart.

Protecting Your Family

To protect your family from these scams, it’s essential to notice behavior changes, such as a loved one suddenly needing privacy around money or rushing to the bank. Other red flags include a loved one staying on the phone while heading to the bank, refusing to explain why they need cash, or acting unusually stressed about a payment.

Crypto ATMs are another major warning sign. If someone is feeding cash into a crypto kiosk while following phone instructions, treat it like an emergency. Do not shame them; interrupt the transaction calmly and help them call their bank using the number on the back of their card.

If you think you or someone in your family sent money to a scammer, act fast. Contact your bank immediately, and file a police report and report the scam to the FBI’s Internet Crime Complaint Center at IC3.gov.

Original reporting: Fox News (HLL/CB) — read the source article.