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

TechCrunch April 27, 2026 · 7:09 pm Read Original

Bearish -55.0

−100 Bearish 0 +100 Bullish

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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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source TechCrunch

Published Apr 27, 2026 · 7:09 pm

Article ID xl5nsxv

Original URL Open source

Bearish -55.0

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