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. [...]
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 Network, all age groups (except those 80 and over, who were mainly targeted via phone calls) lost more money to scams originating on Facebook than to any other social media platform.
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