Today’s fraud statistics are scary. Even more frightening is the fact that millions of fraud attempts and successes go unreported each year.

In 2025, Americans lost an estimated $148 billion to online scams — up nearly 26% from 2024 — according to the Consumer Federation of America. When you break it down, that’s $1,009 per household average. Just think how much higher of a dollar loss it would be if all fraud was reported!

The last thing consumers think to do after being scammed out of their hard-earned money is report it to the Federal Bureau of Investigation Cyber Crimes, Federal Trade Commission, and their local police department. Scammers count on you to be quiet. But to stop scammers, remaining quiet isn’t an option. When shared with family and friends, your story is a powerful tool in the fight against fraud.

HERE’S WHY IT MATTERS:

When you report any scam or fraud attempt to the FTC, it goes into the Consumer Sentinel Network, a secure national database available to local, state, and federal law enforcement. From there, FTC investigators, lawyers, analysts, and others review reports to spot patterns and build cases. This also allows staff to report new scams and fraud attempts to the public through consumer alerts.

Sharing a scam story with people you know helps them better recognize and avoid this particular scam in the future. Your friend or family might then share that experience with another family member or friend, and without even knowing it, you have helped to prevent future fraud. Because you reported the scam and spoke up, an average of 67% of victims recognize the scam and do not share personal information. Online scams are relentless, arrive through emails, texts, calls, and fake website.

HOW TO REPORT FRAUD:

At NexTier Bank, protecting your financial security remains our highest priority. If you believe you are a victim of fraud, don’t wait. Click the link below and follow the simple steps to report a scam, a company, or an unwanted call. In addition, you can report Debit Card Fraud and identity theft.

REPORT FRAUD