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Social media scams cost Americans $2.1 billion in 2025

Americans lost $2.1 billion to social media scams in 2025, an eightfold increase since 2020, according to a report released Monday by the Federal Trade Commission. Nearly 30% of Americans who reported ...
Digital Trends

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

Social media is now America’s most expensive scam hotspot. According to the Federal Trade Commission (FTC), consumers reported $2.1 billion in losses from platform-based fraud in 2025, a number that ...
Forbes

Meta, Social Media Scams, A $16 Billion Crisis: What You Need To Know

The WhatsApp logo appears on a smartphone screen and as a background on a computer screen in this photo illustration in Athens, Greece, on August 6, 2025. WhatsApp takes down 6.8 million accounts ...
TechCrunch

Consumers lost $2.1B to social media scams in 2025, FTC reports

Americans lost $2.1 billion to social media scams in 2025, according to a new report from the U.S. Federal Trade Commission (FTC). The agency reports that losses from social media scams have increased ...
techtimes

Meta Leads FTC’s List of Social Media Scam Sources That Cost Americans $2.1 Billion in 2025

Social media scams reached alarming levels in 2025, with Americans losing a staggering $2.1 billion to fraud schemes, according to a new report from the Federal Trade Commission (FTC). The figure ...
Bleeping Computer

FTC: Americans lost over $2.1 billion to social media scams in 2025

The U.S. Federal Trade Commission (FTC) warned of a massive increase in losses from social media scams since 2020, exceeding $2.1 billion in 2025. According to reports to the FTC's Consumer Sentinel ...
Engadget

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 ...