How to Spot Social Media Scams Before They Cost You Money
How to Spot Social Media Scams Before They Cost You Money If you’ve ever scrolled past a Facebook ad for a heavily discounted designer bag or received a direct message from a stranger who seems too charming, you’ve encountered the front lines of one of the fastest-growing fraud channels. Last year alone, social media scams cost Americans billions, and older adults were hit especially hard, losing a reported $2.4 billion, according to the Federal Trade Commission. What’s worse, scammers are now using generative AI to make fake profiles, photos, and even video calls look disturbingly real. ...