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Internet Scammers Stole $10 Billion From Americans In 2022 – FBI

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Internet Scammers Stole $10 Billion From Americans In 2022 – FBI

According to a report by the FBI published this month, American citizens fell victim to internet scams and lost a staggering $10.3 billion in 2022.

This marks the highest amount of losses in the past five years. The FBI’s Internet Crime Complaint Center received over 2,000 complaints per day, as reported by ABC News on Tuesday.

Phishing expeditions were the most common crimes reported, with 300,497 victims suffering losses amounting to over $52 million in 2022, according to the FBI.

Phishing, defined as “the use of unsolicited email, text messages, and telephone calls purportedly from a legitimate company requesting personal, financial, and/or login credentials,” is frequently successful because phishing emails will often resemble those from people victims know personally, prompting them to click on unsecured links.

Data breaches and non-payment scams were the next most common internet scams in 2022, claiming 58,859 and 51,679 victims, respectively, per the report.

Ransomware, a type of cyber intrusion which locks up a device’s data until a ransom is paid, is of particular concern for cybersecurity professionals due to the underreporting of ransomware attacks by victims.

In 2022, the FBI “received 2,385 complaints known as ransomware with adjusted losses of more than $34.3 million,” according to the report.

“The IC3 has seen an increase in an additional extortion tactic used to facilitate ransomware. The threat actors pressure victims to pay by threatening to publish the stolen data if they do not pay the ransom,” the IC3 warned.

It has also revealed that the most heavily targeted industry for ransomware attacks was the healthcare industry, followed by critical manufacturing and government.

“The FBI does not encourage paying a ransom to criminal actors,” the report said.

“Paying a ransom may embolden adversaries to target additional organisations, encourage other criminal actors to engage in the distribution of ransomware, and/or fund illicit activities. Paying the ransom also does not guarantee that a victim’s files will be recovered.”

Earlier this year, the Justice Department disrupted a ransomware gang called HIVE, which was responsible for 87 incidents targeting critical infrastructure, the report says.

Call center scams, which emanated from India mainly, are responsible for over $1 billion in losses to victims.

“Call centers overwhelmingly target the elderly, with devastating effects,” the report says. “Almost half the victims report to be over 60 (46%), and experience 69% of the losses (over $724 million).”

According to the report, the elderly were the age group that lost the most to internet scams in 2022, with a total of $3.1 billion.

Additionally, the report states that the FBI has been successful in recovering funds for victims with a 73% success rate.

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Tinubu Congratulates Lula on Re-Election, Seeks Stronger Nigeria-Brazil Ties

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President Bola Ahmed Tinubu has congratulated Brazilian President Luiz Inácio Lula da Silva on his reported re-election for a fourth term, expressing his desire to strengthen Nigeria-Brazil relations across trade, investment, energy and other key sectors.

Tinubu conveyed his congratulations in a statement dated October 26, 2026, in Abuja, describing Lula as his friend and emphasising the historical ties between Nigeria and Brazil.

SEE ALSO: Peter Obi Demands Release of Rilwan Olawale, Accuses Tinubu of Undermining Democracy

The Nigerian president said Lula’s renewed mandate presents an opportunity for both countries to strengthen their longstanding friendship and expand cooperation in areas of mutual interest.

“Your renewed mandate offers an opportunity to strengthen the longstanding friendship and historical ties between Nigeria and Brazil,” Tinubu said.

He noted that Nigeria and Brazil, as leading nations of the Global South, could work together to promote economic integration and advance their shared interests amid a rapidly changing global order.

Tinubu said he looked forward to expanding cooperation between both countries in trade and investment, agriculture and food security, energy, oil and gas, manufacturing, science and technology, education, aviation and cultural exchange.

He also reaffirmed Nigeria’s commitment to strengthening multilateral cooperation with Brazil and advancing shared priorities across Africa, South America and the wider Global South.

“I affirm Nigeria’s continued commitment to working with Brazil to strengthen multilateral cooperation and advance shared priorities in Africa, South America, and across the Global South,” he said.

Tinubu, on behalf of the Nigerian people, wished Lula success in his new term in office.

“On behalf of the people of Nigeria, I wish you a successful new term in office,” the president added.

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Ebola: IGP Warns Nigerians Against Contact With Suspected Patients’ Body Fluids

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The Inspector-General of Police, Olatunji Rilwan Disu, has urged Nigerians to remain calm and vigilant following the Federal Government’s reported confirmation of an Ebola case in the Federal Capital Territory (FCT), warning against contact with the blood and body fluids of suspected patients.

Disu also called for strict adherence to preventive measures, improved personal hygiene and cooperation with public health authorities to protect lives and prevent further transmission of the disease.

SEE MORE: 2027 Election: ‘Your Future Is More Valuable’ — IGP Warn Youths Against Political Violence

In a statement issued on Monday, October 26, 2026, by the Force Public Relations Officer, CSP Ani Iniedu, the IGP emphasised the importance of public awareness and collective responsibility in combating the outbreak.

Know the Warning Signs

The Nigeria Police Force urged Nigerians to familiarise themselves with the symptoms associated with Ebola and seek medical guidance if they develop symptoms following possible exposure.

The warning signs highlighted in the police awareness campaign include: Fever,Severe, headache, Muscle pain, Weakness, Vomiting, Diarrhoea, Unexplained bleeding.

The public was cautioned not to wait until bleeding occurs before seeking medical assistance.

Anyone who suspects they may have been exposed to the virus should promptly contact health authorities for guidance.

How Ebola Spreads

According to the awareness information provided by the Nigeria Police Force, Ebola can spread through direct contact with the blood or body fluids of an infected person.

Transmission can also occur through contact with contaminated items or the body of someone who has died from the disease.

Members of the public were therefore advised to avoid direct contact with the blood, body fluids and personal items of suspected patients.

The police also warned against touching or washing the bodies of people suspected to have died from Ebola.

Preventive Measures Nigerians Should Follow

The IGP urged Nigerians to observe basic preventive measures to reduce the risk of infection.

The measures include washing hands regularly with soap and water, avoiding contact with suspected patients’ body fluids and staying away from potentially contaminated items.

The public was also advised not to handle the bodies of suspected Ebola victims and to cooperate with healthcare workers and contact-tracing teams.

According to the awareness poster, individuals who may have been exposed to the virus should avoid physical contact with others if they begin feeling unwell and contact health authorities for immediate guidance.

The poster further advised anyone experiencing symptoms following possible exposure to contact the Nigeria Centre for Disease Control and Prevention (NCDC) through its toll-free helpline, 6232.

IGP Directs Police Officers to Observe Safety Measures

Disu also directed police personnel to observe appropriate infection prevention measures while carrying out their duties and promptly refer suspected cases to qualified health professionals.

The police said suspected patients, contacts and healthcare workers must be treated with dignity and without discrimination.

The Force further called on Nigerians to cooperate with contact-tracing teams, provide accurate information when required and refrain from spreading unverified reports capable of causing unnecessary panic.

Members of the public were encouraged to rely on official updates from the Federal Ministry of Health and Social Welfare, the NCDC and other authorised public health agencies.

Police Warn Against Stigmatisation

The Nigeria Police Force assured Nigerians of its commitment to supporting relevant health authorities in protecting lives and maintaining public order throughout the period.

The Force also urged the public to share accurate information, remain vigilant and avoid stigmatising people affected by or suspected of having the disease.

The awareness campaign stressed that protecting public health is a shared responsibility and encouraged Nigerians to stay informed and follow appropriate preventive measures.

Members of the public should seek guidance from authorised health officials if they suspect exposure to Ebola.

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‘Nigeria Cannot Do What China Did’ – Oxford Economist Warns

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Professor Stefan Dercon, a development economist at the University of Oxford, has warned that Nigeria cannot replicate China’s economic development model, urging the country to adopt pragmatic policies that reflect its own institutional realities.

Dercon made the remarks on Monday at the opening ceremony of the 32nd Nigerian Economic Summit (NES #32) in Abuja, where he highlighted the importance of leadership commitment, economic transformation and policies that promote sustainable growth.

According to him, Nigeria lacks the institutional structures that supported China’s development and must therefore identify an economic model suited to its own circumstances.

SEE MORE: China Grants 30-Day Visa-Free Entry To British, Canadian Travelers

“Nigeria does not have a Chinese state, and it can dream of it, but it doesn’t. But it also means it can’t do a China,” Dercon said.

He explained that China’s development was supported by a long history of meritocratic institutions, including a rigorous public examination system for civil servants that had existed for approximately 1,300 years.

The economist noted that many countries developed their state institutions through patronage and personal connections rather than merit-based systems, creating differences in their capacity to implement development policies.

Dercon, however, said Nigeria could still learn from successful economies by identifying approaches that fit its own circumstances rather than attempting to copy another country’s model.

He pointed to China’s shift away from an ideology-driven economy under former leader Mao Zedong towards a more pragmatic approach focused on economic growth and progress.

According to him, countries that achieve economic success share a commitment among their leadership to growth, regardless of the specific economic model they adopt.

“That’s actually what all countries that are successful, whatever the blueprint or the models they try to use, have in common. That’s an elite commitment to actually growth using a model that fits the context,” he said.

Dercon Calls for Economic Transformation

The Oxford economist urged Nigeria to demonstrate a serious commitment to transforming its economy, creating jobs and improving prosperity.

He argued that the country needed to move away from an economic system that benefits a limited group of people towards one that delivers broader opportunities and sustainable development.

“So what Nigeria needs is that. It needs a really serious commitment to begin to change this model,” Dercon said.

He added that the government must recognise its capabilities and limitations while identifying and correcting policies that undermine economic growth.

Dercon also emphasised the importance of learning from experience, testing policies and making necessary adjustments to achieve better results.

“But all these places, they learned, they tried, and they corrected, and then they made progress,” he said.

Indonesia Offers Lessons for Nigeria

Dercon also identified Indonesia as a country Nigeria could study for lessons on economic development, while acknowledging that the two countries have important differences.

He argued that economic growth should be treated as a national security priority because a stronger economy is essential to national development and stability.

“You need to grow the economy, you need to develop. That’s an issue of national security. I don’t think I have to explain that in Nigeria’s context either,” he said.

He advised Nigerian policymakers to maintain macroeconomic stability, remain consistent with sound economic policies and focus on practical measures capable of supporting long-term growth.

Dercon stressed that Nigeria’s priority should be to develop an economic strategy that reflects its institutional realities while promoting productivity, job creation and shared prosperity.

 

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