Cognyte analysis highlights 38% rise in US confidence and romance fraud losses in 2025
CGNT•US confidence and romance fraud losses reached $929.3 million in 2025, up about 38%, according to FBI data. UK losses rose 23% to £39.2 million, while AI-linked losses totaled $19 million.
1. Fraud losses rise
US confidence and romance fraud losses reached $929.3 million in 2025, up approximately 38%, according to FBI data. UK romance fraud losses through authorized push payments rose 23% to £39.2 million, UK Finance data showed; AI-linked confidence and romance fraud losses totaled $19 million.
2. Investigative approach
The analysis says connecting victim reports with financial accounts and cryptocurrency transactions can help investigators uncover wider fraud networks and prioritize leads.
