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FTC Says Social Media Most Common Contact Method for Scams

October 06, 2023
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FTC Says Social Media Most Common Contact Method for Scams

October 06, 2023
Reported losses from scams originating on social media have reached $2.7 billion since 2021. That total has surpassed the losses associated with any other contact method, the Federal Trade Commission (FTC) said in a Friday (Oct. 6) press release. Social media enables scammers to manufacture a fake persona or hack into a profile to pretend to be a friend of […]