Why Reporting Fraud to FTC and FBI Protects Everyone

Fraud is more than just a personal loss; it’s a societal threat that grows when scams go unreported. Reporting fraud to agencies like the Federal Trade Commission (FTC) and the FBI’s Internet Crime Complaint Center (IC3) plays a vital role in protecting the public and catching criminals. Even if you haven’t suffered a direct financial loss or shared sensitive information, your report can help authorities track scam trends and warn others.

In 2024, only 38% of fraud reports to the FTC involved monetary loss, yet these reports are invaluable. They help the FTC and FBI identify emerging scams such as toll road frauds, fake Postal Service texts, and hurricane relief cons. This data fuels public alerts and educational campaigns that empower consumers to recognize and avoid scams.

When you report fraud, you’re contributing to a larger effort. The FTC’s Consumer Sentinel database is accessible to thousands of law enforcement agencies nationwide, enabling coordinated investigations. Similarly, IC3 analysts review complaints to build cases against cybercriminals. Your report could be the missing piece that helps catch a scammer.

If you’ve been scammed, take these steps beyond reporting:

• Sign up for identity theft protection services.
• Freeze your credit reports to prevent new accounts.
• Contact your bank or credit card company to dispute unauthorized charges.

Recovering funds is easier for unauthorized card charges but much harder if you sent money directly to scammers or used cryptocurrency, which is nearly irreversible. Acting quickly by contacting financial institutions can sometimes prevent losses.

After a scam, stay alert for follow-up fraud attempts. Scammers often impersonate recovery services to trick victims again. Remember, legitimate agencies won’t demand money or threaten arrest by phone or email.

Reporting fraud is a community effort that benefits everyone. By sharing your experience, you help law enforcement build stronger cases and protect others from falling victim. It’s a small action with a big impact.

To report fraud, visit reportfraud.ftc.gov or ic3.gov for cybercrimes. For identity theft, use identitytheft.gov or call 1-877-438-4338. Signing up for scam alerts from these agencies keeps you informed about the latest threats.