April 28, 2026

Brief: Americans lost $2.1 billion to social media scams last year, 8 times more than in 2020. Fa…

More than two-thirds of the total amount lost came from Meta-owned apps, according to the Federal Trade Commission.

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Breaking Update (April 28, 2026): Americans lost $2.1 billion to social media scams last year, 8 times more than in 2020. Facebook alone cost users more than texts and emails combined

In developing news, More than two-thirds of the total amount lost came from Meta-owned apps, the Federal Trade Commission. This story is continuing to evolve.

What We Know

  • Story developing as of 10:48 AM ET
  • First reported by News Source
  • Topic: Trending News

Source

Full report: News Source


Curated by Goviral News. Original: News Source.