Dossier
$2.1 billion
Coverage of $2.1 billion in the Nexus archive.
- Consumers lost $2.1 billion to social media scams in 2025, FTC reports
In 2025, consumers lost $2.1 billion to social media scams, marking an eightfold increase in losses compared to previous years. Social media scams surpassed all other methods used by scammers to defraud consumers, according to the FTC.