Of social media platforms, Facebook was the top site for scam initiation. WhatsApp and Instagram came in a distant second and ...
The 'scam economy' keeps growing, as fraudsters steal money through wire transfers, gift cards, payment apps and ...
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.
Recently, the FTC published its biennial report to Congress on the National Do Not Call Registry for fiscal year (FY) 2025, as required under the Do-Not-Call Registry Fee Extension Act of 2007. The ...
New data from the FTC show social media was the costliest fraud contact method in 2025, with nearly 30% of people who ...
With identity theft and fraud on the rise, it's essential to monitor your credit report for signs of fraud. If you've been ...
Historic complaint spike: Debt collection complaints jumped by nearly 200,000 in 2025 to a record 471,142, according to FTC data. Defaults driving trend: Higher delinquency rates across multiple loan ...
The billions of dollars lost to fraud just keep piling up. Crooks and con artists stole a record $15.9 billion in 2025 in a variety of scams — up from $12.5 billion in 2024, according to the latest ...
The FTC says Americans lost $794 million to scams that began on Facebook in 2025, more than on any other platform. The figure has fueled legal action and bipartisan pushes for online safety reforms, ...