According to a new FTC report, 30% of reported scams in 2025 began on social media, costing consumers more than $2.1 billion.
New FTC data show $2.1B was lost to social media scams in 2025, 8x more than 2020. Facebook generated the highest losses.
The U.S. Federal Trade Commission (FTC) warned of a massive increase in losses from social media scams since 2020, exceeding ...
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