Social media scams cost Americans billions: How to spot and stop them
Social media scams cost Americans billions: How to spot and stop them Americans lost an estimated $2.4 billion to scams in 2024, with older adults bearing the brunt, according to the Federal Trade Commission. A growing share of that fraud starts on social media, where scammers no longer rely on clumsy messages or grainy photos. AI tools now let them generate realistic profiles, voices, and videos, making deception easier than ever. ...