A third of all scam victims were hit by social media fraud — and losses are in the billions of dollars: FTC
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Source: New York Post
Published: 2026-04-29 01:46 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Culture & Entertainment, Technology & AI, Trade & Sanctions, Fraud & Corruption, Media, Business & Economy, Crime & Justice, Technology
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Snippet:
According to the Federal Trade Commission, nearly 30% of people who reported being scammed in 2025 said the swindle began on social media.
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