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 ...

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 ...
BeInCrypto

Trader Loses $150,000 on Scam Altman Token After Elon Musk’s Tweet

A Solana wallet lost $150,000 on Scam Altman after the meme coin crashed 95% during the Musk and Altman OpenAI trial.
Techlicious

FTC reveals social media investment scams stole $1.1 billion in 2025

Scammers are building fake WhatsApp investing groups and phony platforms to drain your savings. The FTC says losses topped $1 ...
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 ...
Berkshire Eagle

FTC warns of a new scam targeting people who have already been conned out of money

A new phone scam is circulating that hits victims with a one-two financial punch. First, you get scammed out of money. Then, someone poses as a regulator or a Federal Trade Commission "agent" who can ...

Inside India’s rising dabba trading scam — how investors are losing money

Dabba trading involves unregulated securities transactions that occur outside official exchanges, preventing investors from ...