Scammers target us on 社交媒体 now more than ever


Scammers target us on 社交媒体 now more than ever


“超过95,000 people reported about $770 million in losses to fraud initiated on 社交媒体 platforms in 2021,联邦贸易委员会表示. “Those losses account for about 25% of all reported losses to fraud in 2021 and represent a stunning eighteen fold increase over 2017 reported losses. Reports are up for every age group, but people 18 to 39 were more than twice as likely as older adults to report losing money to these scams in 2021.”

Social media’s popularity with scammers is thanks to the easy ways anyone can make a fake profile or hack into an existing profile and its overall low cost. The FTC said that scammers targeting people use their victims’ profiles to find out their habits, 喜欢, and other personal details to cater directly to them.

The top scams identified include investment, romance, and online shopping scams. However, investment scams account for the most reported total losses.

“More than half of people who reported losses to investment scams in 2021 said the scam started on 社交媒体. Reports to the FTC show scammers use 社交媒体 platforms to promote bogus investment opportunities and even to connect with people directly as supposed friends to encourage them to invest,联邦贸易委员会补充道. “People send money, often cryptocurrency, on promises of huge returns, but end up empty-handed.”.

整体, cryptocurrency scams are significantly up in the US and are considered the number one threat for investors in 2022, according to a recent report from the North American Securities Administrators Association (NASAA). Especially since platforms like Facebook have added the option to use crypto for transactions, it’s essential to keep potential scams in mind before sending anything to anyone.

The FTC cautions 社交媒体 users to practice better habits when scrolling their social feeds. Simple ways to reduce the risk of 社交媒体 scams include limiting who sees your posts and information by setting up privacy controls, opting out of targeted advertising, and checking out any company you find on 社交媒体 before buying from them.


Written by Allison Murray, Staff Writer on January 28, 2022