social media scams
Coverage of social media scams in the Nexus archive.
- 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.
- The FTC says Americans lost at least $2.1 billion to social media scams in 2025
The Federal Trade Commission (FTC) reported that Americans lost at least $2.1 billion to social media scams in 2025, highlighting a significant rise in fraudulent activities through online platforms.
- 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.
- FTC: Americans lost over $2.1 billion to social media scams in 2025
The U.S. Federal Trade Commission reported that Americans lost over $2.1 billion to social media scams in 2025, marking a significant increase since 2020.