Scammers Stole at Least $770 Million Through Social Media in 2021

Scammers Stole at Least $770 Million Through Social Media in 2021

Scammers Stole $770 Million Through Social Media in 2021

The Federal Trade Commission (FTC) has published a report that shows it found that more than 95,000 people say they were scammed out of at least $770 million in losses to fraud initiated on social networks, specifically naming Facebook and Instagram.

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