Feb
03
FTC Calls Out Targeted Ads for Social Media Scams
Posted in: UncategorizedCases of fraud and scams on social media nearly doubled in 2021 from 2020, according to a report by the Federal Trade Commission. More than 95,000 people reported about $770 million in losses to fraud schemes like ecommerce scams initiated on online platforms. “Data suggest that social media was far more profitable to scammers in…
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