2021 was a huge year for the mainstreaming of cryptocurrency. Popular cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin had a banner year that kicked off following the memestock craze that took ...
A new report found that romance scams targeting older Americans have increased significantly during the COVID-19 pandemic, with adults aged 60 and higher losing about $139 million in 2020 -- the ...
(NewsNation) — Americans have lost around $2.7 billion from scams originating on social media, a new report from the Federal Trade Commission shows. That’s more than any other contact method — phone ...
Scammers have long used various tactics to lure unsuspecting victims and steal their money. However, a new report from the Federal Trade Commission (FTC) has highlighted the true scale of these social ...
The Federal Trade Commission says Americans have lost at least $2.7 billion to social media scams since 2021, with the actual number likely many times larger due to severe under-reporting. A recent ...
Increasingly, younger people are reporting scams — and losing way more money than other age groups. It’s no secret that fraudsters have been having a field day throughout the pandemic, conning ...
JOHNSTON, R.I. (WPRI) — Fraudsters have scammed social media users out of $2.7 billion since 2021, according to a new report from the Federal Trade Commission (FTC). The staggering losses stem from ...
Cryptocurrency scammers have stolen over $1 billion from 46,000 people since the start of 2021, a new Federal Trade Commission report says. The FTC rang the alarm bells on Friday, saying ...