Spotting Social Media Fraud

Spotting Social Media Fraud

Learn the signs of social media scams and get your questions answered.

Scams that started on social media sites doubled year-over-year in 2021, leading to $770 million in consumer losses, according to the Federal Trade Commission. Calling social media a “gold mine” for scammers, the FTC says these platforms were a far more profitable way than any other method for them to target consumers, with an 18-fold increase in losses since 2017. 

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