SECURITYABC7 CHICAGO
How to protect yourself amid spike in social media scams
A recent Federal Trade Commission report found victims lost $2.1 billion to scams originating on social media last year. The report highlights a significant increase in social media-related scam activity.
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Adjacent reporting
- The FTC says Americans lost at least $2.1 billion to social media scams in 2025
- Consumers lost $2.1 billion to social media scams in 2025, FTC reports
- FTC: Americans lost over $2.1 billion to social media scams in 2025
- Fake Trump and Oprah ads fuel a wave of Medicare scams on Facebook, report says
- FBI: Americans lost a record $21 billion to cybercrime last year
- Social media becomes a ‘goldmine’ for fraudsters in Jordan