Technology Apr 27, 2026 · 1 min read

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

The agency reports that losses from social media scams have increased eightfold, and that social media scams resulted in higher losses than any other method scammers used to contact consumers.

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TechCrunch
by Aisha Malik
Consumers lost $2.1 billion to social media scams in 2025, FTC reports
The agency reports that losses from social media scams have increased eightfold, and that social media scams resulted in higher losses than any other method scammers used to contact consumers.
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This article was originally published by TechCrunch and written by Aisha Malik.

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