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Social-media scams cost victims $650M+ so far this year

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theregister.com/2023/10/07/ftc_social_media_scams

Social media posts hyping products and investment opportunities that sound too good to be true … probably are, the FTC would like you to know.
In fact, according to the US government watchdog, since 2021 people have lost more than $2.7 billion from fraud pushed via social networks. Social media is the number one method for scammers to contact their victims, FTC data…

This story from theregister.com was posted on 2023-10-07 by @volcano.

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