TechTrending across 3 sourcesEngadget2h ago

The FTC says Americans lost at least $2.1 billion to social media scams in 2025

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…

Read full article

Source: Engadget · Opens in new tab