The Federal Bureau of Investigation (FBI) has announced a new anti-scam initiative, Operation Level Up, stating that it has saved around $285 million for potential victims. The agency disclosed this in a press release on February 13 while acknowledging the prevalence of this type of scam.

To avoid tipping off the scammers, the FBI didn't reveal too many details about how it identifies victims. But in general, it's keeping an eye on where fraud proceeds are going.