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, a record high not just in numbers, but in the sophistication of online criminals. In stark comparison, the commission stated that reported losses have jumped eight-fold since 2020.
According to the



