Romance Scams

Social Media Scams Cost Americans Billions: Here’s How to Protect Yourself Fraud has increasingly moved from email inboxes to social feeds. According to the Federal Trade Commission, older Americans alone lost $2.4 billion to scams in 2024, much of it originating on Facebook, Instagram, and TikTok. These platforms have become the top vector for fraud because scammers can create fake profiles and ads quickly, often bypassing automated checks. While platforms have added reporting tools, users still need to take their own precautions. Below is a breakdown of the most common schemes and practical steps you can take to avoid losing money or personal data. ...

How to spot and avoid social media scams: What’s behind the billions in losses Intro Scammers have found a new home for their operations: your social media feed. According to the Federal Trade Commission, Americans lost $2.4 billion to scams in 2024, and for the first time, social media was the most common way scammers initiated contact. What used to happen over the phone or through email has now moved to platforms like Facebook, Instagram, TikTok, and WhatsApp. The scale is staggering, and the trend is accelerating. For everyday users—especially those who may not be as familiar with the warning signs—the risk is real and growing. ...

Pig Butchering Scams: What the New York Attorney General’s Warning Means for You If you’ve ever received an unprompted message from a stranger who seems too charming, too interested in your life, and too eager to discuss investment opportunities, you might be in the early stages of a “pig butchering” scam. The name is deliberately dehumanizing—the fraudster “fattening up” a victim with trust and affection before extracting as much money as possible. ...

Top Scam Trends the FTC Wants You to Know About Right Now Every year during National Consumer Protection Week, the Federal Trade Commission shares its latest findings on what frauds are costing Americans the most money and which tactics are spreading fastest. This year’s webinar, held in early March 2026, highlighted several scam types that continue to evolve and grow. Here is a practical summary of the trends that matter most to consumers, along with steps you can take to avoid becoming a victim. ...

How to Spot and Avoid ‘Pig Butchering’ Investment Scams If you receive an unsolicited message from a stranger who seems charming, quickly turns the conversation toward investing, and pushes you to put money into a cryptocurrency platform you’ve never heard of, you might be in the crosshairs of a “pig butchering” scam. On February 17, 2026, New York Attorney General Letitia James issued a consumer alert specifically warning residents about this growing fraud. Here is what you need to know to recognize it, avoid it, and act if you or someone you know has been targeted. ...

What Is a Pig Butchering Scam? How to Spot and Avoid This Growing Fraud If you get a friendly text from a wrong number, a compliment on a social media post, or a match on a dating app who seems almost too good to be true, that person may actually be a scammer. Not just any scammer, but one running a long‑term con known as “pig butchering.” In February 2026, New York Attorney General Letitia James issued a consumer alert warning residents about the rising tide of these frauds, which have already cost victims in New York millions of dollars. ...

Tech scams targeting adults 50+ are on the rise: how to spot them and stay safe Fraudsters are becoming more aggressive and more tech-savvy, and current data shows that adults aged 50 and older are bearing the brunt. Recent consumer alerts from CBS News and MSN (late April 2026) highlight a sharp uptick in technology‑enabled scams that specifically target older people. This article lays out the most common schemes and gives practical, no‑nonsense steps to protect yourself or someone you care about. ...

Pig Butchering Scams: How to Protect Yourself from This Growing Fraud Introduction In February 2026, New York Attorney General Letitia James issued a consumer alert about a particularly cruel form of investment fraud known as “pig butchering.” While the warning was aimed at New Yorkers, the scam is spreading nationwide and has already cost victims hundreds of thousands of dollars each. Understanding how this scam works—and learning to spot the warning signs—is critical for anyone using dating apps, social media, or cryptocurrency platforms. ...

How to Spot and Avoid ‘Pig Butchering’ Scams: What to Know A recent consumer alert from New York Attorney General Letitia James warns about a growing type of fraud known as “pig butchering.” These scams combine elements of romance fraud and fake investment schemes, and they have cost victims billions in recent years. Here’s what you need to know to recognize the warning signs and protect your money. ...

What Are ‘Pig Butchering’ Scams? How to Spot and Avoid This Investment Fraud New York Attorney General Letitia James recently issued a consumer alert warning New Yorkers about a sophisticated type of fraud known as “pig butchering.” The term may sound strange, but the damage is very real: victims have lost hundreds of thousands of dollars—sometimes their entire savings—to these scams. If you use dating apps, social media, or even LinkedIn, it’s worth understanding how this scheme works and how to protect yourself. ...