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215 Social media scams cost Americans $2.1 billion in 2025

The Next Web
Ana-Maria Stanciuc @ The Next Web 3 place · today 03:46 EDT

New FTC data published Monday show that nearly 30% of all reported scam losses last year began on social media. Investment scams alone cost $1.1 billion. Shopping scams were the most frequently reported. Romance scams started on social media in 60% of reported cases. All age groups except the over-80s lost more to social media […]
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