US AI Investment Fraud Tops $632M in 2025

Investment scams were the largest AI fraud category by far, generating 4,356 complaints and more than $632 million in losses, according to a BrokerChooser analysis of FBI data. No other AI scam type came close in financial impact.

The FBI's 2025 Internet Crime Report, for the first time in its nearly 25-year history, included a dedicated section on AI-enabled fraud. The agency received more than 22,000 complaints linked to AI scams, with total reported losses reaching $890 million.

Extortion followed investment fraud with 1,764 complaints, while personal data breaches accounted for 1,204 cases. Other AI-assisted crimes included phishing, harassment, employment fraud, romance scams, and tech support fraud.

Business Email Compromise ranked second in financial losses at $30.2 million, followed by AI-assisted tech support scams at $19.5 million and AI-enabled romance scams at $19 million.

Wisconsin had the highest concentration of AI fraud, with 212 incidents per million residents. Washington, D.C., saw the highest average loss per case at $114,080.