IC3 puts 2025 reported internet crime losses at $20.9 billion

The FBI complaint centre logged 1,008,597 complaints. For anyone covering closing fraud, it is the one figure with no product attached to it.

Key points

The IC3 2025 annual report records $20.877 billion in reported losses across 1,008,597 complaints.

The 2024 report, released 23 April 2025, recorded $16.6 billion, a 33% rise on 2023.

Business email compromise accounted for $2.77 billion across 21,442 complaints in 2024.

IC3 counts what was reported to the FBI, so it is a floor rather than a total.

There is no shortage of fraud statistics in the closing industry, and almost all of them are published by a company that sells something. The FBI's Internet Crime Complaint Center is the exception, which is why it belongs in every story that quotes a vendor number.

The 2025 annual report records $20.877 billion in reported losses across 1,008,597 complaints. The prior report, released on 23 April 2025 and covering 2024, recorded $16.6 billion, a 33% increase over 2023, of which $2.77 billion was attributed to business email compromise across 21,442 complaints.

The reported loss line

2023: Baseline year for the 33% increase reported in the following cycle.

23 April 2025: IC3 releases its 2024 annual report: $16.6 billion in reported losses, including $2.77 billion in business email compromise across 21,442 complaints.

2026: IC3 2025 report: $20.877 billion in reported losses across 1,008,597 complaints.

Its limits are the point

IC3 counts complaints filed with the FBI. Victims who never report, who report only to a local department, or whose loss is absorbed by an insurer without a federal filing do not appear. Business email compromise is also a general category and not a real estate one, so the closing-table share is not broken out.

That makes IC3 a floor, not a total, and a floor is exactly what a vendor figure needs beside it. A screening firm reporting that it flagged four files in ten is describing its own book. IC3 is describing what people told the FBI happened to them.

Primary sources for this story

FBI Internet Crime Complaint Center annual reports

Sources cited

FBI IC3