Home / Latest News / Consumers lost $2.1 billion to social media scams in 2025, FTC reports

Consumers lost $2.1 billion to social media scams in 2025, FTC reports

The agency reports that losses from social media scams have increased eightfold, and that social media scams resulted in higher losses than any other method scammers used to contact consumers.
Consumers lost $2.1 billion to social media scams in 2025, FTC reports Consumers lost $2.1 billion to social media scams in 2025, FTC reports Reviewed by Ansh Goel on April 27, 2026 Rating: 5

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