Social media scams cost Americans $2.1 billion in 2025
New FTC data published Monday show that nearly 30% of all reported scam losses last year began on social media. Investment scams alone cost $1.1 billion. Shopping scams were the most frequently rep...
Source: TNW | Socialmedia
New FTC data published Monday show that nearly 30% of all reported scam losses last year began on social media. Investment scams alone cost $1.1 billion. Shopping scams were the most frequently reported. Romance scams started on social media in 60% of reported cases. All age groups except the over-80s lost more to social media […] This story continues at The Next Web
