FTC: Americans reported losing $2.1B to social media scams in 2025, including $794M to scams that started on Facebook, more than on any other platform (Scott Younker/Tom's Guide)
Americans reported losing $2.1 billion to social media scams in 2025, with Facebook being the most common platform for initiating fraud, accounting for $794 million in losses. The Federal Trade Commission highlighted the growing prevalence of scams on social media, noting that fake investment schemes and impersonation scams were among the most common. Other platforms also contributed to the rising total, but none surpassed Facebook in reported scam origins. The data underscores ongoing concerns about user safety and platform accountability in combating online fraud.
- ▪Americans lost $2.1 billion to social media scams in 2025, according to FTC reports.
- ▪Scams originating on Facebook accounted for $794 million in losses, more than any other platform.
- ▪Fake investment schemes and impersonation scams were among the most frequently reported types.
- ▪The FTC collected data from consumer reports to track the rise in social media-based fraud.
- ▪Facebook's parent company, Meta, has faced ongoing scrutiny over platform safety and scam enforcement.
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