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

In a startling revelation, Americans lost $2.1 billion to social media scams in 2025, according to the FTC. With shopping and investment scams leading the way, these fraudulent activities have become the most damaging. Stay vigilant and pro...

TechCrunch· Apr 27, 2026 · 8:57 PM · 2 views

Originally reported by TechCrunch. Read the full story →

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

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