FTC: Social media scams cost Americans billions in 2025, losses up eightfold since 2020. Social media was the costliest fraud contact method, FTC data show.
New FTC data show people lost billions to social media scams; social media was the costliest fraud contact method in 2025, with losses up eightfold since 2020.
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New FTC data show people lost billions to social media scams; social media was the costliest fraud contact method in 2025, with losses up eightfold since 2020.
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