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Travel Scams Surge: $1 Trillion Lost in 2024

12/18/2025

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Summary

Story summary

Lawmakers warn travelers about a surge in holiday scams, especially online travel fraud that caused $1 trillion in global losses in 2024.
U.S. Senator Maggie Hassan highlighted that scammers impersonate airlines and hotels.
The Joint Economic Committee reported organized crime stole $10 billion from Americans last year, a 66% rise, and urged the Federal Trade Commission to work with tech companies.

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Story summary

Lawmakers warn travelers about a surge in holiday scams, especially online travel fraud that caused $1 trillion in global losses in 2024.
U.S. Senator Maggie Hassan highlighted that scammers impersonate airlines and hotels.
The Joint Economic Committee reported organized crime stole $10 billion from Americans last year, a 66% rise, and urged the Federal Trade Commission to work with tech companies.