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105 Social media scams caused over two billion dollars in losses to consumers last year

Digital Trends
Sudhanshu Kumar Mangalam @ Digital Trends · today 09:21 EDT

Social media scams caused over two billion dollars in losses to consumers last year

FTC data shows consumers lost $2.1 billion to social media scams in 2025, with Facebook driving the highest reported losses and investment, shopping, and romance scams leading the damage.

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