Americans lost $2.1 billion to social media scams last year, 8 times more than in 2020. Facebook alone cost users more than texts and emails combined

More than two-thirds of the total amount lost came from Meta-owned apps, according to the Federal Trade Commission.

FTC Says $2.1 Billion Was Lost to Scams Last Year—and Many Started the Same Way

Data from the Federal Trade Commission showed a reported total loss of $2.1 billion in 2025, with an eightfold increase in ...

These four scams could cost you thousands. Here’s how to spot them

In Australia, more than $2.1 billion was lost to financial scams between 2020 and 2025. Sadly, the true figure is likely even ...

Billions lost to scams: FTC data shows social media the biggest threat to your money

New data from the Federal Trade Commission shows nearly 30 percent of scam victims in 2025 say their experience started on ...
NBC Los Angeles

Americans lost $2.1B to social media scams in 2025, data shows

Social media has become fraudsters' favorite medium, allowing scammers to steal a staggering $2.1 billion in 2025, the ...
CNET on MSN

Social media scams cost Americans $2.1 billion in 2025

Social Media Scams Cost Americans $2.1 Billion in 2025 ...