Ron Schmidt PPLSI LegalShield IDShield Independent Associate
04/27/2026
New FTC Data Show People Have Lost Billions to Social Media Scams - Social media was the costliest fraud contact method in 2025 and reported losses increased eightfold since 2020. What do you or your comopany have in place to protect you and your people?
New FTC Data Show People Have Lost Billions to Social Media Scams New data from the Federal Trade Commission show that, in 2025, nearly 30% of people who reported losing money to a scam said that it started on social media, with reported losses reaching a stagger
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