New FTC data published Monday show that nearly 30% of all reported scam losses last year began on social media. Investment scams alone cost $1.1 billion. Shopping scams were the most frequently ...
Steven Musil is a senior news editor at CNET News. He's been hooked on tech since learning BASIC in the late '70s. When not cleaning up after his daughter and son, Steven can be found pedaling around ...
The U.S. Federal Trade Commission (FTC) warned of a massive increase in losses from social media scams since 2020, exceeding $2.1 billion in 2025. According to reports to the FTC's Consumer Sentinel ...