Victims Reported $2.7 Billion in Social Media Scam Losses Since 2021: FTC
Victims Reported $2.7 Billion in Social Media Scam Losses Since 2021: FTC
09 October 2023
Shopping scams are the most common type of social media fraud, with undelivered goods being the primary issue, while investment scams, particularly involving cryptocurrency, pose the highest financial risk to victims.