FTC Reports $2.1 Billion Losses from Social Media Scams in 2025

FTC Reports $2.1 Billion Losses from Social Media Scams in 2025

First seen 27 Apr 2026, 19:33 UTC BleepingcomputerTechcrunchScworld 92% similarity 67.5

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In 2025, Americans reported losing over $2.1 billion to scams originating on social media, according to the FTC. This represents an eightfold increase in losses since 2020, with nearly 30% of scam victims indicating that their scams began on social media platforms. The most affected platforms were Facebook, WhatsApp, and Instagram, with shopping scams being the most common type reported. Investment schemes and romance scams also contributed significantly to the losses, with investment scams alone accounting for $1.1 billion. The FTC's data highlights that social media scams have surpassed losses from email and text scams combined. In response, Meta has implemented new anti-scam measures across its platforms, including advanced scam detection systems and warnings for suspicious activities. The FBI reported over 1 million complaints related to cyber-enabled crimes in 2025, totaling nearly $21 billion in losses. To mitigate risks, the FTC advises users to limit visibility on their posts and to research companies before making purchases.

Key Points: • Americans lost $2.1 billion to social media scams in 2025, an eightfold increase since 2020. • Nearly 30% of scam victims reported that their scams began on social media platforms. • Meta has introduced new anti-scam protections, removing over 159 million scam ads in 2025.

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Timeline

2025-01-01
FTC begins tracking social media scam losses
2025-10-01
Meta rolls out new anti-scam tools on its platforms
2026-04-27
FTC releases report on social media scam losses for 2025

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