GoKawiilThe U.S. Federal Trade Commission (FTC) warned of a massive increase in losses from social media scams since 2020, exceeding $2.1 billion in 2025.
According to reports to the FTC's Consumer Sentinel Network, all age groups (except those 80 and over, who were mainly targeted via phone calls) lost more money to scams originating on Facebook than to any other social media platform.
Reports linked to WhatsApp and Instagram were distant second and third, and people reported losing far more money to Facebook scams alone than to text or email scams combined.
In all, as the Commission found, almost one in three Americans who lost money to scammers last year were contacted via a social media platform.
"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 staggering $2.1 billion. Social media scams produced far more in losses—an eightfold increase since 2020—than any other contact method used by scammers to reach consumers," the FTC warned today.
"Social media creates easy access to billions of people from anywhere in the world, making a scammer's job easier at very little cost. Scammers may hack a user's account, exploit what a user posts to figure out how to target them, or buy ads and use the same tools used by real businesses to target people by age, interests or shopping habits."
2025 top fraud methods by total reported loss (FTC)
In response to this wave of scams targeting social media in general and its users in particular, Meta introduced new anti-scam protections across WhatsApp, Facebook, and Messenger last month. Among these new tools, Meta is testing warnings that flag suspicious Facebook friend requests based on signals such as a profile location that doesn't match the user's region or a small number of mutual connections.
It rolled out another set of tools in October to help users detect potential scams more easily, including a more advanced scam-detection system for suspicious chats that will warn when a new contact sends a potentially scammy message. Meta also introduced new WhatsApp warnings that alert users to only share their screen with people they trust when starting video calls with unknown contacts.
In August, WhatsApp also added a security feature designed to help users spot potential scams when being added to a group chat by unknown contacts.
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