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The Internet Crime Complaint Center (IC3) is a division of the Federal Bureau of Investigation (FBI) concerning suspected Internet-facilitated criminal activity. The IC3 gives victims a convenient and easy-to-use reporting mechanism that alerts authorities of suspected criminal or civil violations on the Internet.
According to the complaint, the operation targeted one crypto firm with a multi-billion-dollar market value, and relied on a ruse involving a new cryptocurrency spun up by the FBI.
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A large number of cases investigated by the Cyber Division come from the Internet Fraud Complaint Center (IFCC), which in 2002 received about 75,000 complaints. [ 6 ] [ needs update ]
In 2023, 16,806 Americans aged 60 and older contacted the Internet Crime Complaint Center to report they had fallen victim to scams. The total loss? A staggering $1,648,455,748.
The Federal Bureau of Investigation (FBI) is the domestic intelligence and security service of the United States and its principal federal law enforcement agency.An agency of the United States Department of Justice, the FBI is a member of the U.S. Intelligence Community and reports to both the attorney general and the director of national intelligence. [3]
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The unit maintains a website called Cyber Shield Alliance (www.leo.gov) [4] which provides access to cyber training and information for the public, and the means to report cyber incidents to the FBI. [3] The FBI reports that since 2002, they have seen an 80 percent increase in the number of computer intrusion investigations. [3]