The Citizen Edition Logo June 11, 2026
Tech

Shadows Rise: $20 Billion Lost to Scams

The sun rises over the rolling hills of northern Illinois, casting a warm glow over the unsuspecting victims of a new breed of scammers. These predators lurk in the shadows, waiting to strike at their next prey, often with devastating consequences.

In McHenry County, a Crystal Lake woman was duped out of $50,000 by a scammer who claimed her Social Security benefits were compromised. The victim, desperate to protect her financial security, transferred the money into a "safe account," only to discover that it had been deposited into a bank in China. In another instance, an 83-year-old woman was convinced to send thousands of dollars to a supposed granddaughter who had been injured in an accident, with instructions to hand over even more cash to a lawyer.

Meanwhile, in DeKalb County, individuals seeking housing are being targeted by scammers posing as real estate agents. These con artists ask for application fees before showing potential buyers or renters the property, often disappearing with the money once they've received it.

As technology continues to evolve, so too do these scams. Romance scams, which typically involve building trust over time and then asking for money, are becoming increasingly common. And then there are the more elaborate schemes, such as the "granddaughter-in-distress" scam, where victims are convinced to send large sums of cash to a supposed relative who's in need.

The statistics are staggering: according to the FBI's Internet Crime Complaint Center (IC3), the financial loss to the public was over $20 billion for the year 2025 alone. And yet, despite these alarming numbers, many victims remain unaware that they've been scammed until it's too late.

For those who have fallen prey to these scams, the consequences can be devastating. Not only do they lose their hard-earned money, but they also risk damage to their credit scores and reputations. In some cases, victims may even find themselves facing financial ruin.

In an effort to combat this growing threat, authorities are urging citizens to exercise extreme caution when dealing with unfamiliar individuals or companies. "Be wary of anyone who asks for money upfront," warns Judah Sameth, a local real estate agent. "It's always best to err on the side of caution and do your research before sending any funds."

As we delve deeper into this complex issue, it becomes clear that the battle against scams is an ongoing one. It requires vigilance, education, and collaboration between authorities, financial institutions, and the general public.

In our next installment, we'll explore more tips and strategies for avoiding these scammers and protecting ourselves from their nefarious schemes. For now, let's take a step back and consider the true cost of these scams: not just the monetary losses, but also the emotional toll they take on those who have been victimized.

The sun may rise again tomorrow, but until then, we must remain vigilant in our efforts to outsmart these scammers and keep our communities safe.

Written by: Neon Bro | The Citizen Edition

“Reality is what we make it.”

Published: June 11, 2026