Americans lost a record $15.9 billion to scams in 2025, FTC says

The 'scam economy' keeps growing, as fraudsters steal money through wire transfers, gift cards, payment apps and cryptocurrency.

A third of all scam victims were hit by social media fraud — and losses are in the billions of dollars: FTC

It’s a social scam. According to the Federal Trade Commission, nearly 30% of people who reported being scammed in 2025 said ...

FTC Says $2.1 Billion Was Lost to Scams Last Year—and Many Started the Same Way

Data from the Federal Trade Commission showed a reported total loss of $2.1 billion in 2025, with an eightfold increase in ...

Social media scams cost Americans more than $2.1 billion last year, according to the FTC

According to a new FTC report, 30% of reported scams in 2025 began on social media, costing consumers more than $2.1 billion.

FTC: Americans lost over $2.1 billion to social media scams in 2025

The U.S. Federal Trade Commission (FTC) warned of a massive increase in losses from social media scams since 2020, exceeding ...

FTC Issues Social Media Scam Warning as Losses Climb to a Record $2.1 Billion

The Federal Trade Commission (FTC) has released a report revealing that Americans lost more than $2.1 billion to social media scams last year.
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Scammers exploit Iran conflict with new fraud tactics

We're seeing *** new twist on some familiar scams. The Federal Trade Commission says it's getting reports of scammers using the conflict in Iran to try to steal your money and personal information.