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$2.1 Billion Lost to Social Media Scams: Facebook #1
Three days ago, the FTC dropped a report. The FTC, the Federal Trade Commission, the US government's consumer protection agency, publishes data on fraud losses every year. I read every one. And this year's numbers stopped me cold. In 2025, Americans lost $2.1 billion to scams that started on social media. Not email. Not phone calls. Not text messages. Social media. And of all the platforms scammers used to reach their victims, Facebook was number one. By a wide margin. In fac

Michael Routhier
Apr 296 min read
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