Americans lost $2.1 billion to social media scams last year, 8 times more than in 2020

Americans lost $2.1 billion to social media scams last year, 8 times more than in 2020

Summary

More than two-thirds of the total amount lost came from Meta-owned apps, according to the Federal Trade Commission.

Description

More than two-thirds of the total amount lost came from Meta-owned apps, according to the Federal Trade Commission.

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