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

According to the Federal Trade Commission, nearly 30% of people who reported being scammed in 2025 said the swindle began on social media.

A third of all scam victims were hit by social media fraud — and losses are in the billions of dollars: FTC
According to the Federal Trade Commission, nearly 30% of people who reported being scammed in 2025 said the swindle began on social media.