$2.1 Billion In Social Media Scams In 2025, Facebook & Whats App Lead The Way

Facebook was the most popular platform for social media scammers, the FTC reports. Americans lost $2.1 billion to social media scams in 2025, an eightfold increase since 2020, according to a report released Monday by the Federal Trade Commission.  Nearly 30% of Americans who reported being a victim of a scam last year said the scam originated on social media, with Facebook most frequently being identified as the social media platform where the scam originated, according to the report. Fellow Meta-owned platforms WhatsApp and Instagram were ranked a distant second and third, the FTC said. Scams originating on Facebook cost people $794 million in 2025, while WhatsApp and Instagram combined for $659 million in losses. 

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Source: Cnet