Americans lost at least $2.1 billion in 2025 to scams that originated on social media, according to the Federal Trade Commission. That figure marks an eightfold increase since 2020. The FTC said Americans reported losing $1.1 billion last year to investment scams that started on social media. These…
The FTC says Americans lost at least $2.1 billion to social media scams in 2025
Americans lost at least $2.1 billion in 2025 to scams that originated on social media, according to the Federal Trade Commission. That figure marks an eightfold increase since 2020. The FTC said Americans reported losing $1.1 billion last year to investment scams that started on social media. These…
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