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Scam, FTC and social media

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 social media scams since 2020.

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The FTC says Americans lost at least $2.1 billion to social media scams in 2025

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A third of all scam victims were hit by social media fraud — and losses are in the billions of dollars: FTC

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FTC releases new scam data

New data from the FTC shows social media is the most successful spot for scammers.

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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

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Man speaks out after losing $172k in social media scam

MUO on MSN

Investment scams just cost Americans $2.1 billion — here are 4 tips to avoid them

It's easier than ever to fall victim to scams in 2026.

Detroit Free Press

Adults 60 and older reported losing $2.4 billion to fraud in 2024

Adults 60 and older reported losing $2.4 billion in 2024 to fraud, including money lost to investment scams, according to the FTC's annual report to Congress released Dec. 1. That's up 26.3% Many older consumers reported losses that exceeded $100,000 to ...