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

TechCrunch • Mon, 27 Apr 2026

Consumers lost $2.1B 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.

What happened?

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.

Story details

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.

Why it matters

This story helps build a stronger internal English tech archive around Technology, giving search visitors more reasons to keep browsing the site instead of bouncing after a single headline.

Original source

https://techcrunch.com/2026/04/27/consumers-lost-2-1-billion-to-social-media-scams-in-2025-ftc-reports/