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Consumers lost $2.1 billion to social media scams in 2025, FTC reports
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Article Context
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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.
Original article published by
TechCrunch
on April 27, 2026.
Analysis and insights provided by AnalystMarkets AI.
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