The FBI’s 2024 report indicates a significant rise in internet crime losses across the U.S., with South Carolina ranked 22nd in complaints. The state reported $146 million in losses, primarily affecting seniors. Key cyber crimes include business email compromises and investment fraud. Experts advise on safety measures to prevent scams and encourage reporting incidents.
The Federal Bureau of Investigation’s Internet Crime Complaint Center has published its 2024 annual report, highlighting over 850,000 complaints related to internet crimes, with total U.S. losses exceeding $16 billion—a 33% rise from 2023. South Carolina ranks 22nd among states for the volume of public complaints, particularly concerning the elderly, who are most vulnerable to online scams.
In South Carolina, reported losses reached $146 million, representing a $27 million increase from the previous year. According to FBI spokesperson Kevin Wheeler, this continuous increase indicates a rising targeting of South Carolinians, underscoring the need for online safety precautions when using technology.
Bezalel Eithan Raviv, CEO of Lionsgate Network, noted that crypto phishing schemes significantly impact everyday users, especially retirees. His company collaborates with federal agencies to utilise advanced AI techniques to monitor scam targeting in the Carolinas, emphasising that offers of easy money are often traps.
The FBI report has identified the three most financially damaging cyber crimes in South Carolina: business email compromises, which resulted in $40.8 million in losses (increasing from $30.6 million in 2023), investment fraud at $38.4 million (a decrease from $42.5 million the previous year), and confidence/romance scams at $15.1 million (up from $11.3 million).
Wheeler highlighted that many cases likely go unreported, stressing the importance of bringing scams to law enforcement’s attention. To mitigate risks, he advises users to update devices, frequently change passwords, avoid unknown links, and report suspicious activities. Additionally, Raviv recommends that individuals refrain from discussing or sending money to unknown parties and to contact Lionsgate Network or law enforcement promptly if they encounter issues.
