JOHNSTON, R.I. (WPRI) — Fraudsters have scammed social media users out of $2.7 billion since 2021, according to a new report from the Federal Trade Commission (FTC). The staggering losses stem from ...

Security software firm McAfee found that scammers are increasingly impersonating employers to gain victims' trust to steal ...

CHICAGO (NewsNation Now) — Social media scammers are finding creative ways to trick consumers when they least expect it. Scams that often start with a post, an ad or a direct message on platforms such ...

There may be no surer sign that a currency has reached the financial mainstream than when it is used to scam people out of massive piles of money. That’s what’s happening with cryptocurrency, ...

(NewsNation) — Americans have lost around $2.7 billion from scams originating on social media, a new report from the Federal Trade Commission shows. That’s more than any other contact method — phone ...

Rachel Witkowski is an award-winning journalist whose 20-year career spans a wide range of topics in finance, government regulation and congressional reporting. Ms. Witkowski has spent the last decade ...

The Federal Trade Commission says Americans have lost at least $2.7 billion to social media scams since 2021, with the actual number likely many times larger due to severe under-reporting. A recent ...

Scammers have long used various tactics to lure unsuspecting victims and steal their money. However, a new report from the Federal Trade Commission (FTC) has highlighted the true scale of these social ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NewsNation) — Americans have lost around $2 ...